![]() ![]() This is compared to Twilio's 2016 revenue of approximately $277 million, so Beepsend represents a 3.6% increase on Twilio's 2016 revenues.īeepsend is 'running close to breakeven', so the addition won't affect cash flow or EPS in a material way. ![]() In a recent earnings conference call, management stated the main reason for the deal was for the 'overall benefit their technology and team can provide to the Super Network driving efficiencies for our messaging business'.īeepsend is expected to contribute revenues of 'about $10 million for 2017 as a whole on a reported basis'. ![]() All 40 employees will be staying on with the company post-close. Twilio management was already familiar with Beepsend by 'being in the ecosystem together'. The companies did not disclose the acquisition purchase price or terms. The company provides a number of Tier 1 messaging services to 'over 800 mobile operator network connections worldwide':īelow is a presentation video about A2P SMS technologies:Īcquisition Terms, Rationale and Commentary Malmo, Sweden-based Beepsend was founded in 2006 by CEO Elisabeth Brevenson to provide advanced SMS and OTT messaging routing for mobile operators, enterprises and messaging service providers. The acquisition is not financially 'material' to Twilio but will speed its Super Network execution for the notification layer of mobile communications. Twilio says the deal will speed up development of its Super Network software layer, which promises to provide advanced intelligence for the most efficient and cost-effective routing of messages. Beepsend has developed a suite of SMS-based services that help network operators and businesses prioritize their messaging processes, with particular focus on A2P (Application-to-Person) capabilities. Cloud communication platform Twilio ( NYSE: TWLO) has acquired messaging technology company Beepsend for an undisclosed sum. ![]()
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