Twilio to invest up to $750 million in telecom company Syniverse

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Cloud-communications platform Twilio Inc said on Monday it would invest up to $750 million in telecommunications services company Syniverse Technologies LLC.

Twilio also said that private-equity firm Carlyle Group Inc, which is currently the major owner of Syniverse, will maintain its majority interest in the telecom services company.

The companies will pursue additional potential financing transactions in the form of public market transactions or additional equity investment, Twilio said. The investment deal, expected to close before the end of this year, comes after Twilio last month posted a 65% jump in fourth-quarter revenue, beating Wall Street estimates.

Cloud companies have seen a surge in demand this year as more businesses use their services to meet the demands of the switch to work from home due to the COVID-19 pandemic.

 

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Twilio nears deal to invest up to $750 million in Syniverse: WSJCloud-communications firm Twilio Inc is in talks to invest as much as $750 million in Syniverse Technologies LLC, the Wall Street Journal reported on Sunday. thanks 동서양의 장례식---모래식의 이간이되니 더욱 심한듯 Bbf이론의 장례식 섬유(영국 러시아의 등재후 제공되지요)의 정품을 사용해보세요 매장이 원칙인 Bbf이론의 물품이지요 꼭 정품을 쓰세요 정품만이 돌아가신후라도 인간이란 참모습이 될듯--그주위에 사람다운 사람들의 모임--많이 모이세요 We couldn’t have done it without your expert services Trusted_trad I am very appreciative of your effort, and i look forward to continuing to work together...
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