WS #16160
Salesforce has agreed to acquire Braze in a $5.66 billion all-stock deal, marking a significant consolidation move in the customer engagement software space. Concurrently, Google Cloud has confirmed that a disruption affecting European financial services is recovering, with full workload restoration expected by Tuesday. This resolution alleviates immediate operational risks for financial institutions, while the M&A activity signals continued cash deployment by tech giants despite broader market volatility.
Tech M&A and Cloud Recovery
Salesforce has agreed to acquire Braze in a $5.66 billion all-stock deal, marking a significant consolidation move in the customer engagement software space. Concurrently, Google Cloud has confirmed that a disruption affecting European financial services is recovering, with full workload restoration expected by Tuesday. This resolution alleviates immediate operational risks for financial institutions, while the M&A activity signals continued cash deployment by tech giants despite broader market volatility.