Salesforce to Acquire Braze for $5.66 Billion

Salesforce announced on October 20, 2026 that it will purchase Braze for approximately $5.66 billion in enterprise value. The consideration is $47.50 in cash for each Braze Class A share. Completion is anticipated in Salesforce’s fiscal 2028, after required shareholder and regulatory clearances, and Salesforce said its fiscal 2027 guidance is unchanged.

The transaction gives Salesforce Braze’s real-time customer engagement and AI decisioning technology for integration with Marketing Cloud, Data 360, Customer 360 and Agentforce. Salesforce expects the combination to expand personalized, cross-channel marketing capabilities, while investors still face execution and approval risk before completion.

  • 1Salesforce agreed to acquire Braze for approximately $5.66 billion in enterprise value.
  • 2The cash consideration is $47.50 for each Braze Class A share.
  • 3The transaction is expected to be completed in Salesforce’s fiscal year 2028, conditional on Braze shareholder approval and required regulatory approvals.
  • 4Salesforce said the deal will not alter its FY27 guidance and that it has not provided FY28 guidance.
  • 5Braze serves approximately 2,770 customers.
  • Material 41 describes the transaction value as $5.9 billion, which conflicts with the approximately $5.66 billion enterprise value reported by material 1 on the same basis.

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