About This Deal

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.

Deal Terms

Acquirer
Twilio
Target
Zipwhip, Inc.
Value
$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)
Date
July 2021
Type
Full acquisition
Status
Completed

Transaction Details

Announced
July 14, 2021

In Their Words

Messaging is becoming a preferred way for consumers to engage with brands, therefore it's critical to provide multiple messaging options.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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