AI brief of an SEC Form 8-K · Salesforce (CRM)

Salesforce to acquire Braze for about $5.66 billion in cash

Neutral Impact 4 of 5 m&a

Salesforce agreed to acquire Braze, a customer engagement platform listed on Nasdaq, for approximately $5.66 billion in enterprise value, paying $47.50 per share in cash to Braze Class A holders. Closing is expected in Salesforce's fiscal 2028, subject to Braze shareholder approval and regulatory clearances, and Salesforce said there is no anticipated change to its FY27 guidance. For shareholders, this is a large cash acquisition whose financial effects are not yet quantified beyond the statements in the filing.

Key points

  • Price: $47.50 in cash per share of Braze Class A common stock; about $5.66 billion in enterprise value.
  • Expected close: Salesforce fiscal year 2028, subject to Braze shareholder approval and required regulatory approvals.
  • Salesforce says there is no anticipated change to FY27 guidance and has not guided FY28.
  • Webinar slides cite growth accretion balanced by near-term profitability dilution, and say the deal will be funded with cash.

The filing

CompanySalesforce (CRM)
Form8-K, current report
Filed with the SECOct 20, 2026, 9:16 AM ET
Accession number0001193125-26-425881

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.