The acquisition will bring Braze's real-time customer engagement and AI decisioning capabilities into Salesforce's ecosystem, strengthening cross-channel personalisation and marketing automation.
Braze enables marketers to coordinate customer interactions across mobile applications, websites, email, SMS, and WhatsApp.
Salesforce has entered into a definitive agreement to acquire Braze, a US-based company, in a transaction valued at approximately $5.66bn.
Salesforce's $5.66 billion Braze deal raises questions about pricing and integrations, while existing customer contracts remain unchanged.
Braze shares jumped more than 51% on October 20, closing at US$45.57.
Salesforce has disclosed its intention to acquire Braze for approximately $5.66 billion in cash per share. Under the terms of the agreement, Braze shareholders will receive $47.50 for each Class A...
Salesforce is buying AI-powered customer engagement platform Braze for $5.66 billion, adding another multibillion-dollar acquisition to its growing AI portfolio as the enterprise software giant...
Salesforce Inc. has agreed to buy Braze Inc., an artificial intelligence-powered platform for marketers, for almost $5.7 billion in enterprise value.
Salesforce stock fell after the enterprise software maker announced the $5.66 billion, all-cash purchase of Braze.
The company's latest acquisition is expected to close in fiscal 2028, and will see Braze shareholders receive $47.50 in cash per share.
The deal for the AI marketing software company values Braze at 50% more than its closing price on Monday.
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