Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his company Global Tetrahedron; Lawson had long wanted to buy the satirical site
The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion's staff.
Twilio plans to sunset Zipwhip's business texting service on December 1, 2023, after acquiring the Seattle-based startup in May 2021 for $850M in cash and stock
SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake; Sinch's stock has fallen 93% since September 2021
Japanese investor SoftBank Group Corp has sold its entire stake in Sinch AB following a share price collapse of more than 90% in the Swedish cloud-based platform provider.
Sweden's Sinch acquires Pathwire, the cloud-based email provider behind Mailgun, for ~$1.9B in cash and stock, setting up Sinch as a competitor to Twilio
Long-Term Stock Exchange, a Silicon Valley-based rival to NYSE, says Twilio and Asana will list their shares Thursday, the first companies to do so
- Twilio, Asana shares to trade on Long-Term Stock Exchange — CEO Ries says new exchange offers ‘access to ESG investors’ Source: Long-Term Stock Exchange .
Sinch acquires MessageMedia, which provides SMS and other messaging services for businesses, for $1.3B, to compete with Twilio in business SMS services
Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” …
Sinch, a Twilio competitor that offers messaging and marketing APIs, raises $1.1B from investors including SoftBank and Temasek
Sinch — a Twilio competitor based out of Sweden that provides a suite of services to companies to build communications and specifically “customer engagement” …
Twilio announces it is acquiring business texting startup Zipwhip, which is based in Seattle and employs ~275 people, for $850M in a cash and stock deal
Kurt Schlosser / GeekWire :
Twilio rival MessageBird raises $800M as an extension to its $200M Series C from last October and acquires email marketing service SparkPost for $600M
MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements.
MessageBird, a Twilio rival, says it has spent $100M+ buying three startups: video calling firm 24sessions, data management firm Hull, and API startup Pusher
- Dutch software company agrees to buy 24sessions and Hull — MessageBird valued at $3 billion during $200 million fundraise