Twilio acquired Zipwhip, Inc. for $838.8 million adjusted purchase price ($418.1 million cash and $419.2 million fair value of ~1.1 million Class A shares; announced as ~$850 million in an equal blend of cash and stock), a transaction announced in July 2021.
Expanded Twilio's toll-free business-messaging use case and strengthened high-quality, high-throughput traffic via direct carrier connections in the United States.
Expanded Twilio's toll-free business-messaging use case and strengthened high-quality, high-throughput traffic via direct carrier connections in the United States.
Messaging is becoming a preferred way for consumers to engage with brands, therefore it's critical to provide multiple messaging options.
Advisory firms were not disclosed for this transaction.