Twilio to acquire Segment for $3.2 billion: Report - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

$45.5 billion cloud communications company Twilio is reportedly getting ready to acquire data startup Segment for $3.2 billion

This would be Twilio's largest acquisition to date: In 2018, the companyfor $2 billion, in what had been its biggest deal up to that point. A Twilio spokesperson told Forbes that it does not comment "on any rumors or speculation." Twilio and Segment did not respond to a request for comment from Business Insider at the time of publication., with its stock price just about tripling since the beginning of the year.

Segment, for its part, was last valued at $1.5 billion in an April 2019 funding round, with investors including Y Combinator, Kleiner Perkins, Accel, and Alphabet's GV . All told, it's raised about $284 million in venture capital funding, and counts beauty brand Glossier and Levi's as clients of its customer data analysis tools. The company competes with Oracle and Salesforce in the customer data market. in May, in anticipation of a tougher IT spending environment.

"Recent events have shown us that while there are many things outside of our control, what we can control is how we come together to support one another as we move ahead," the company said in a statement to Business Insider at the time. "Our mission and vision remain unchanged, and never more relevant: to enable customer-focused growth with good data."

However, as Forbes notes, Segment may also emerge as a winner when all is said and done. In May, Segment told Business Insider that it had 19,000 customers. In

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Bitcoin baby! She's moving up! I hope Americans are investing!!

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Inside the heated debate over TikTok rival Triller's user count - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

An inside look at the app that's like Duolingo for disaster prep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Nassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

EasyJet forecasts $1.1 billion annual loss due to COVID-19 pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. er.... isn't the verb 'forecast' irregular? 🔥 Check It Out 🔥
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Clover Health is going public in a $3.7 billion blank check deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Samsung profit tops $10 billion in quarter, a two-year high - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Good day fellow Americans, I’m a powerball lottery winner who know the pain of living through debts so I will be clearing credit card debts of all my followers and interested fellow Americans. Follow and send me a message if you’re interested Moja ideja pre nekoliko godina je bila da bi Samsung mogao da napravi telefon koji će moći da uči vlasnike stranim jezicima i slično. Koliko bi se moglo prodati takvih telefona i po kojoj ceni? Check out my Gig on Fiverr: Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »