Salesforce to acquire Braze for $5.66 billion in cash deal
Salesforce announced it will purchase customer engagement platform Braze, with Class A shareholders receiving $47.50 per share in cash. Braze shares jumped more than 50% on the news after a brief trading halt, while Salesforce stock dipped about 1%. The deal is expected to close in fiscal 2028.
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The acquisition would add Braze's AI-driven marketing and customer messaging tools to Salesforce's platform, potentially strengthening its position in customer engagement software. The modest drop in Salesforce's own stock may reflect investor caution about the price tag or integration risks, though the company has not described its strategic rationale beyond supporting marketers.
- Braze shareholders to receive $47.50 per share in an all-cash deal valued at $5.66 billion
- Braze stock surged over 50% while Salesforce shares dipped roughly 1%
- Deal expected to close in fiscal 2028, pending standard approvals
Source: cnbc.com — Cj Haddad, 2026-10-20
Published there as: “Salesforce announces $5.66 billion deal for Braze, sending BRZE stock soaring 50%”
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