Salesforce agrees to buy Braze in deal valued at $5.66 billion
Braze shareholders will receive $47.50 per share in cash, with the acquisition expected to close in fiscal 2028. The New York company helps brands send personalised customer messages, according to The Next Web, while Bloomberg describes its marketing platform as powered by artificial intelligence.
- Braze shares rose 50% following the announcement, according to CNBC.
Covered by 9 publishers within 8 hours of the first report.
- The Globe and Mail: Salesforce to acquire customer engagement platform Braze in $5.66-billion deal
- Latest The Information: Salesforce to Acquire Marketing Software Maker Braze for Nearly $5.7 Billion
Reporting9
Bloomberg Salesforce Fills Marketing Hole With $5.7 Billion Deal for Braze · Brody Ford and Dana Wollman
Quartz Salesforce agreed to acquire customer engagement firm Braze for $5.66 billion · Cris Tolomia
The Next Web Salesforce agrees $5.7bn deal for customer messaging firm Braze · Cristian Dina
The Economic Times Salesforce to acquire Braze in a $5.66 billion deal
The Information Salesforce to Acquire Marketing Software Maker Braze for Nearly $5.7 Billion · Valida Pau
SiliconANGLE Salesforce to acquire marketing automation provider Braze for $5.66B · Maria Deutscher