Braze to Acquire OfferFit for $325 Million

Dow Jones
28 Mar

By Kelly Cloonan

 

Braze agreed to acquire OfferFit, an artificial intelligence decisioning company, for $325 million.

OfferFit has partnered with customer engagement solutions like Braze for several years to build multi-agent solutions for cross-channel customer solutions, Braze said Thursday.

The acquisition will allow Braze to more deeply integrate OfferFit's AI capabilities on its broader platform, part of the company's efforts to move further into AI research.

Braze is funding the acquisition, which is expected to close in the quarter ended July 31, with a combination of cash and stock.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

March 27, 2025 16:30 ET (20:30 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10