Salesforce to acquire Braze in a $5.66 billion deal
BRZE•Salesforce said it would acquire Braze for about $5.66 billion. Braze Class A shareholders will receive $47.50 per share in cash, and the deal is expected to close in Salesforce’s fiscal year 2028, subject to shareholder and regulatory approval.
1. Deal terms
Salesforce said it would acquire customer engagement platform Braze for about $5.66 billion. Braze Class A shareholders will receive $47.50 per share in cash under the agreement.
2. Expected closing
The deal is expected to close in Salesforce’s fiscal year 2028, subject to approval by Braze shareholders and regulators. Salesforce shares fell 2.6% in premarket trading.
