SALESFORCE ANNOUNCES $5.66 BILLION DEAL FOR BRAZE

Summary from the TLDR IT newsletter

Salesforce announced an agreement to acquire customer engagement platform Braze for approximately $5.66 billion, offering $47.50 in cash per share. The transaction is expected to close in fiscal 2028, pending shareholder and regulatory approvals. Following the news, Braze shares surged more than 51% to close at $45.57.