Salesforce said it entered into a definitive agreement on October 20, 2026 to acquire Braze (NASDAQ: BRZE) for approximately $5.66 billion in enterprise value.

1. 01

   Salesforce said it entered into a definitive agreement on October 20, 2026 to acquire Braze (NASDAQ: BRZE) for approximately $5.66 billion in enterprise value.

2. 02

   Under the terms, Braze Class A common stock holders will receive $47.50 in cash per share, the company said.

3. 03

   Salesforce said it expects the transaction to close in its fiscal year 2028, subject to customary closing conditions, including approval by Braze shareholders and receipt of required regulatory approvals.

4. 04

   The company said there is no expected change to its FY27 guidance. It has not provided FY28 guidance, and there is no current update to its long-term targets.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.