M&A
confidence high
sentiment neutral
materiality 0.75
Twilio completes $850M acquisition of Zipwhip, toll-free messaging provider
TWILIO INC
- Total consideration of $850M split equally between cash and stock; $417.7M each.
- Unaccredited stockholders, vested options and RSUs received cash portion of ~$83.2M.
- Unvested options/RSUs of continuing employees assumed by Twilio; others cancelled.
- Zipwhip CEO John Lauer reports to Simon Khalaf; integration roadmap underway.
- Acquisition strengthens Twilio's messaging business with toll-free channel and direct carrier connectivity.