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Acquisition

Enterprise software acquisitions and mergers.

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Ramp buys treasury software startup Vesto

Ramp bought treasury software startup Vesto, which links a company's accounts at many banks in one dashboard. Terms were not disclosed. The deal follows Ramp's $1.85B round at a $60B valuation the week before.

Salesforce agrees to buy Braze for $5.66B in cash

Salesforce will pay $47.50 a share in cash for the customer engagement platform, an enterprise value of about $5.66B, and plans to run Braze inside Marketing Cloud under its co-founders. The deal needs Braze shareholder and regulatory approval and is expected to close in Salesforce's fiscal 2028.

Tradeweb agrees to buy bond-trading platform Trumid for about $1.97B

Tradeweb will pay about $1.89B in cash and $82M in stock. The price covers $1.75B for the business and about $220M for tax assets. Trumid runs an electronic marketplace for US dollar corporate and emerging-market bonds. Closing is targeted for the first half of 2027.