Twilio to purchase bulk email sender SendGrid for $2 billion

Twilio (TWLO) will acquire mass email sender SendGrid (SEND) in an all-stock transaction that is valued roughly at $2 billion. Both the companies jointly announced the deal Monday after-market hours. This deal will combine the acquired company’s email technology into the acquirer’s platform, which combines voice, video, and chat. Twilio stock, which hit an intraday … Continue reading Twilio to purchase bulk email sender SendGrid for $2 billion