$45.5 billion cloud communications company Twilio is reportedly getting ready to acquire data startup Segment for $3.2 billion

$45.5 billion cloud communications company Twilio is reportedly getting ready to acquire data startup Segment for $3.2 billion

Jeff Lawson, co-founder and CEO of Twilio, launched his business during the recession.







(Photo by Steve Jennings/Getty Images for TechCrunch)













Cloud communications company Twilio is set to acquire data startup Segment for $3.2 billion, sources tell Forbes, though a deal is not yet final.

Twilio has emerged as a winner in the pandemic economy, with its stock price just about tripling since the beginning of the year. The company now commands a market cap of over $45 billion.

Segment was last valued at $1.5 billion in an April 2019 funding round,