Cloud communications platform company Twillio, today announced the successful completion of its previously announced acquisition of Segment, a market-leading customer data platform. The transaction is valued at approximately $3.2 billion in Twilio Class A common stock, on a fully diluted and cash free, debt free basis. “Nearly every company is

Twilio has entered into a definitive agreement to acquire Segment for approximately $US3.2 billion in Twilio Class A stock. The transaction is expected to close in the fourth quarter of 2020. The US Cloud communications platform-as-a-service company says the acquisition will accelerate its development of a customer engagement platform. Segment