Salesforce agreed to buy Braze for $5.66 billion. Braze shareholders will receive $47.50 per share in cash. Braze stock rose over 51% on the news. The deal needs shareholder and regulatory approval. It is expected to close in fiscal 2028. Braze builds AI marketing tools for customer data and messaging. Salesforce said the move will help marketers build deeper customer relationships. Braze will keep its brand and community under Salesforce.
What changed
Braze was an independent customer engagement platform.
What it unlocks
Salesforce gains Braze’s AI marketing tools for customer data and messaging.
- $5.66 billion deal value
- $47.50 per Braze share
- 51% Braze stock rise
What you need to act on it
- shareholder approval
- regulatory approval
- expected close in fiscal 2028
Sources