October 12 - 10:10
Twilio planning to buy data startup Segment for $3.2 billion
Cloud communications platform Twilio Inc. is reportedly intending to acquire customer data infrastructure company Segment for $3.2 billion, sources told Forbes. Both Twilio and Segment are API-first and dev-centric companies. Twilio trades at a market capitalisation of $45 billion while Segment raised $175 million in a funding round led by Accel and GV in April 2019.
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