# Braze Shares Rise 51.7% Tuesday as Most Software Names Advance By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36392 Published: 2026-10-21T05:55:47.000Z Updated: 2026-10-21T05:55:47.000Z Section: Investing > Salesforce’s agreement values Braze at approximately $5.66 billion and offers $47.50 in cash for each Class A share. Braze shares closed 51.7% higher at $45.57 Tuesday after Salesforce agreed to acquire the marketing software company, while most software names also posted gains. Braze had closed at $30.04 on Oct. 19. The agreement values the company at approximately $5.66 billion in enterprise value and offers $47.50 in cash for each Class A share. More details are in [TokenPost’s earlier coverage of the acquisition](). The transaction still requires approval from Braze shareholders and regulators. Salesforce and Braze expect the deal to close during Salesforce’s fiscal 2028. ## Links in this article - [TokenPost’s earlier coverage of the acquisition](https://www.tokenpost.com/news/business/36359)