Received an email from Twilio, am curious about the future of the platform under new ownership.
Today, Twilio and KORE entered into a definitive agreement for KORE to purchase our IoT business, including Super SIM, Programmable Wireless, Microvisor, and Electric Imp. As Twilio sought to find the right home for Twilio’s IoT Business, we found the ideal fit in KORE.
As the leading pure-play IoT provider, KORE is committed to IoT — in fact, it’s the only thing KORE has done for the last 20 years. KORE helps their customers succeed with their IoT solutions deployments, from the device build stage, through the deploy, manage, and scale stages. Their global team is experienced and committed to helping simplify the complexities of this journey.
Your IoT business and partnership has meant so much to our journey, and we want to make sure you continue to have great experiences with our IoT products and services. Twilio and KORE are committed to ensuring a seamless customer transition related to your IoT products and services as they become part of KORE’s products and services. Please refer to the [full announcement] for additional details. We expect to close the transaction during the second quarter of 2023.
Please be advised that your current Twilio order form will be assigned to KORE Wireless, effective on the closing of the transaction. This communication constitutes notice that, effective immediately upon the closing, your continued use of any IoT products or services that are transferred as part of the transaction will be governed by KORE Wireless’ Terms of Service, which will be communicated at a later date.
Ref. KORE to Acquire Twilio’s IoT Business Unit and Accelerate Progress Towards Building the World’s First ‘IoT Hyperscaler’ | Twilio