Social & Advertising · via Digiday

Salesforce’s $5.7 billion Braze deal puts marketers at an ecosystem crossroads

19h ago · curated by Catalyst Web Trendz

Salesforce’s $5.7 billion Braze deal puts marketers at an ecosystem crossroads

Salesforce’s planned acquisition of Braze was the week’s defining martech deal: the companies announced a definitive agreement on October 20 valuing Braze at approximately $5.66 billion. Pending regulatory and shareholder approval – both are publicly listed companies – the deal has been interpreted as a successful exit for the company, and a strategically sound M&A move for Salesforce, even if some financial institutions did question the valuation . In the interim, Salesforce says Braze’s real-time customer engagement and AI decisioning would complement Marketing Cloud, Data 360, Customer 360 and Agentforce. This would amount to a more…

This is a curated summary. The full story was reported by Digiday.

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