Twilio acquires Seattle business-texting startup Zipwhip for $850M in cash-and-stock deal
Twilio is acquiring Seattle business-texting startup Zipwhip for about $850 million in a cash-and-stock deal, a transaction that closed on July 14. Zipwhip, founded in 2007, pivoted to enable businesses to send and receive texts from landlines and toll-free numbers, and Twilio says the acquisition advances their shared vision for business messaging.
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