Twilio acquires SendGrid to add e-mail capabilities

The two communication business merge to offer an one stop communication platform for both developers.

Cloud communication pro Twilio has agreed on a deal to acquired e-mail Application programming interface platform SendGrid for $2 billion. The deal is likely to be finalised in the very first 50% of 2019 and under the terms of the transaction, a Twilio subsidiary will merge with SendGrid, which will endure as a wholly owned subsidiary of Twilio. Increasingly, our clients are asking us to solve all their tactical communications challenges. Email is a vital communication channel for businesses around the globe and thus it was important for us to incorporate this ability in our system, said Jeff Lawson, Twilio’s co creator.

The two businesses share the same vision, the same model and the very same values. We believe this is an once-in-a life time opportunity to bring together the two leading developer focused communications platforms to create the unquestioned system of choice for many companies looking to transform their client involvement. By joining together, the two businesses can provide a single platform to manage multiple communication channels, like sound, video and text messaging and now e-mail as well. Twilio said its mission is to fuel the future of communications and its latest acquisition convenes the two main communication platforms for developers. Last year the firm allowed developers to create user augmented reality content through APIs that could offer info on AR objects on a live video stream. The programmable video service may be used for collaboration on 3D assets with industries like architecture and technology, where AR can empower visualising a job when working remotely. The business also supplies solutions that empower transformations, such as the chatbots currently being used by Marks & Spencer within its call centres.

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