Announced
Completed
Financials
Tags
software
Single Bidder
Private
Acquisition
Software
texting services
United States
Friendly
Majority
Domestic
Completed
Synopsis
Twilio, a cloud communications platform, completed the acquisition of Zipwhip, a provider of toll-free messaging, for $850m. “Messaging is becoming a preferred way for consumers to engage with brands, therefore it’s critical to provide multiple messaging options. By bringing together the world’s leading cloud communications platform and a trusted partner in the messaging ecosystem, we have the ability to deliver more secure, high-quality toll-free traffic at scale. We are thrilled to welcome Zipwhip to the Twilio team as we continue our journey to become the world’s leading customer engagement platform trusted by developers and companies globally,” Simon Khalaf, Twilio Senior Vice President and General Manager of Communications Platform.
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