Salesforce to Acquire Braze for $5.66 Billion in Cash Deal
Salesforce announced a definitive agreement to acquire Braze for approximately $5.66 billion in enterprise value. Braze Class A shareholders will receive $47.50 per share in cash.
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Salesforce announced a definitive agreement to acquire Braze for approximately $5.66 billion in enterprise value. Braze Class A shareholders will receive $47.50 per share in cash.
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.