In the News View All ›

The 3 Stocks on the MFM Team’s Radar This Week

I’m looking at Twilio, Steve and Chris, ticker TWLO. It makes in-app communication tools for lots of large companies. Amazon, Netflix, Uber. They report next Tuesday. They just made a big acquisition last year of SendGrid, which helps them in the email communication.

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Global Startup Pitch Competition finalists announced

At the event, finalists will be able to present their ideas to a panel of judges in hopes of winning first place and $50,000 in Digital Ocean Credits and access to its Hatch Program, $6,000 in Sendgrid Credits, $2,000 in legal services from Private Advising Group, $3,600 in co-working space at The LAB Miami and […]

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Twilio Keeps the Pedal to the Metal

A lot of the growth came from the recently closed acquisition of marketing email expert SendGrid. Twilio’s revenues increased by 60% on an organic basis. The buyout also more than doubled Twilio’s customer base.

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Twilio CFO Tells TheStreet: ‘We Are in Very Rare Company’

Twilio’s market is what it refers to as the “engagement cloud,” a kind of remodeling of front-office tasks such as sales and customer support. Its cloud computing platform allows developers to quickly string together communications channels such as telephone and text and now, with the addition of SendGrid, email.

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Twilio (TWLO) Q1 Earnings and Revenues Surpass Estimates

The company’s first-quarter revenues soared 81% year over year to $233.1 million and also surpassed the Zacks Consensus Estimate of $224 million. Its core products, voice, messaging and e-mail were key growth drivers. Moreover, results were driven by the acquisition of Sendgrid, completed in February.

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The Tech Tools You Really Need

Most email marketing tools, such as Mailchimp, SendGrid, and Constant Contact, also provide analytics on email clicks, which will show you the rate at which recipients are engaging with your content. With these tools, you can also curate broker-to-broker contact lists and send new listing announcements to your colleagues to see if their clients are […]

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Press Releases View All ›

Twilio Completes Acquisition of SendGrid

Twilio (NYSE:TWLO), the leading cloud communications platform, today announced the successful completion of its previously announced acquisition of SendGrid, Inc., the leading email API platform.

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Twilio to Acquire SendGrid, the Leading Email API Platform

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.

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