Acquisition news

Salesforce agrees to buy marketing firm Braze for $5.66B

Salesforce will pay $47.50 a share in cash for Braze, which sends brands’ messages to customers. It says Braze fits its AI agents, and the deal still needs approval from shareholders and regulators.

Salesforce has agreed to buy Braze, a platform that helps consumer brands send personal messages through apps, email and text, for about $5.66 billion in enterprise value. Braze shareholders get $47.50 a share in cash. The deal is expected to close in Salesforce’s fiscal year 2028.

Schneider Electric to buy PTC for $22.6 billion, citing AI

The French energy-tech group will pay $205 a share in cash for the US maker of design software. It calls the deal a bet on industrial AI.

Schneider Electric said on Monday, October 5, that it will buy PTC for $205 per share in cash. That values PTC’s shares at about $22.6 billion, or $23.7 billion including debt. The deal is expected to close by the third quarter of 2027.

AMD will buy Fei-Fei Li’s World Labs for $8.2 billion

The all-stock deal brings a maker of 3D world models into the chip company. Li becomes AMD’s chief scientist, reporting to CEO Lisa Su.

AMD has agreed to buy World Labs, the AI lab founded by Fei-Fei Li, in an all-stock deal valued at about $8.2 billion, the companies said on September 28. World Labs builds models that generate and simulate interactive 3D environments. The deal is expected to close by the end of 2026, subject to regulatory approvals.

Analog Devices will buy Alif for $1.35 billion

The target is AI inside machines.

The deal would join Analog Devices sensors with Alif processors that run AI locally. It is signed, but regulators must review it before the companies can close it.

Nvidia wants to buy Hugging Face for $12.93 billion

Hugging Face is a major home for open AI models. Nvidia says it will keep the platform open to other chips and clouds, but users and regulators will watch closely.