Twilio to acquire email company SendGrid
Twilio CEO Jeff Lawson during TechCrunch Disrupt London 2015. Photo: John Phillips/Getty Images for TechCrunch
Twilio, which sells cloud-based communication tech, is acquiring email company SendGrid in an all-stock deal for $2 billion.
Why it matters: This is Twilio's biggest acquisition to date, which went public on the day of the Brexit vote.