EnterpriseReutersabout 2 hours ago
Salesforce Agrees to Buy Braze for $5.66 Billion
1 min read
Salesforce agreed to acquire customer engagement firm Braze for about $5.66 billion in enterprise value on Tuesday. Holders of Braze Class A common stock receive $47.50 cash per share. The transaction targets completion during fiscal 2028, pending regulatory clearances and a shareholder vote. Braze serves roughly 2,770 customers including Canva and Instacart, while Salesforce stock fell 2.6% in premarket trading.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storySalesforce
