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via finance.yahoo.comBusiness & Companies

Salesforce to acquire Braze in $5.7 billion deal

FROM THE WIRE · FINANCE.YAHOO.COM

Salesforce (CRM) is acquiring AI-powered marketing platform Braze (BRZE) in a deal valued at $5.66 billion. The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley take a closer look at the deal. Video Transcript 00:00 Speaker A There is a quick deal that I wanted to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA roughly $5.7 billion acquisition is relevant for Salesforce and for the target stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Salesforce is acquiring Braze, an AI-powered marketing platform, in a deal valued at $5.66 billion.
  2. 02Salesforce will pay $47.50 per share.
  3. 03Braze shares are up about 50%, while Salesforce is down slightly.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Braze, Inc.BRZEStock45.28 USD-0.06%today +50.73%Positive Salesforce, Inc.CRMStock239.91 USD-0.38%today -1.05%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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