Tech giant Twilio pays lavish price in SPAC deal in unusual bid to attract investors - NewsBreak

Home > Business
By Tarikul in Business
Updated 3 years ago

Twilio — whose networks power phone calls and text messaging for apps like Airbnb and Facebook's WhatsApp — announced this week it has entered into a merger agreement to invest between $500 million and $750 million in M3-Brigade Acquisition Corp II. A Silicon Valley cloud-computing giant has made an unusual...