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New Deal


Announced

Completed

Twilio completed the acquisition of Zipwhip for $850m.

Financials

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Transaction Value£602m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software

Single Bidder

Private

Acquisition

Software

texting services

United States

Friendly

Majority

Domestic

Completed

Synopsis

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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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