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Twilio Buys Video Apps Software; Unveils Call-Quality Features


Ron Burgundy
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A banner for communications software provider Twilio Inc., hangs on the facade at the NYSE to celebrate the company's IPO, in New York CityBy Eric Auchard FRANKFURT (Reuters) - Twilio Inc. isn't a name many consumers will recognize, even though it has recently led a modest revival in the U.S. market for technology initial public offerings by nearly quadrupling in value since its stock market debut in June. The software maker is making a small acquisition on Tuesday that promises to allow customers ranging from big consumer messaging apps to telecom operators and retailers to reach billions of consumers with new video messaging features such as augmented reality, without the hassle of downloading plug-ins. Instead, it has signed up more than a million developers who use its software to build voice, video or text messaging features into apps, including WhatsApp, Uber and Airbnb.




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