About This Deal

Twilio acquired Beepsend AB for $23.0 million (cash, of which $5.0 million held in escrow for 18 months), a transaction announced in 2017.

Acquired a Sweden-based messaging provider specializing in SMS solutions to strengthen Twilio's global messaging capabilities and carrier relationships.

Acquired a Sweden-based messaging provider specializing in SMS solutions to strengthen Twilio's global messaging capabilities and carrier relationships.

Deal Terms

Acquirer
Twilio
Target
Beepsend AB
Value
$23.0 million (cash, of which $5.0 million held in escrow for 18 months)
Date
2017
Type
Full acquisition
Status
Completed

Transaction Details

Announced
2017

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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