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Salesforce Announces $5.66 Billion Acquisition of Braze

Investor's Business Daily +3 ·

CRM Salesforce Inc
$242.45 +0.73%
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BRZE BRZE +2.39%CART CART +0.16%URBN URBN +0.30%
  1. 1Salesforce Inc. announced a definitive agreement to acquire Braze Inc. at an enterprise value of $5.66 billion.
  2. 2Braze Inc. Class A common shareholders will receive $47.50 in cash per share.
  3. 3Braze Inc.'s recent quarterly revenue of $227.2 million grew 26.2% year-over-year.

So what's the key point?

Salesforce has agreed to buy Braze for $5.66 billion. Braze shareholders will receive $47.50 in cash for each share they own.

Source Investor's Business Daily +3 · View original ↗

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