Evenimentul Zilei newspaper reports Juventus as having paid €400,000 for the youngster following a month of negotiations.
United and Aston Villa came close to the Romanian, who is said to have met Sir Alex Ferguson and David Beckham.
But it was ultimately Juve who got their man after presenting the best offer. As well as the €400,000 fee, the Italians will pay CSM a series of bonuses once Branescu makes his Serie A debut.
Experts describe the goalkeeper as being the new Buffon after he made his debut at just 15 in 2009 when CSM beat Aroesul Turda 5-1.
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