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RSS FeedsTwilio to Acquire SendGrid, the Leading Email API Platform
(World News Science)

 
 

16 october 2018 00:21:55

 
Twilio to Acquire SendGrid, the Leading Email API Platform
(World News Science)
 


SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE:TWLO) and SendGrid today announced that they have entered into a definitive agreement for Twilio to acquire SendGrid in an all-stock transaction valued at approximately $2 billion. At the exchange ratio of 0.485 shares of Twilio Class A common stock per share of SendGrid common stock, this price equates to approximately $36.92 per share based on today`s closing prices. The transaction is expected to close in the first half of 2019. `This is a tremendous day for all SendGrid customers, employees and shareholders` Tweet this Adding the leading email API platform to the leading cloud communications platform can drive tremendous value to the combined...


 
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