Twilio invests $750M in Syniverse - Mobile World Live 02 MAR 2021 Cloud communications company Twilio revealed plans to acquire a minority stake in Syniverse for up to $750 million, part of a deal The Wall Street Journal tipped to pave the way for the software company to become publicly traded. A statement announcing the deal appeared to confirm this possibility, explaining the companies would jointly “pursue additional potential financing transactions” including “a public market transaction or an additional equity investment”. The deal is expected to close by the end of the year and includes a wholesale agreement putting Syniverse in charge of processing application-to-person messaging traffic between Twilio customers and mobile operators.