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



a man sitting on a leather couch: Jeff Lawson, co-founder and CEO of Twilio, launched his business during the recession. (Photo by Steve Jennings/Getty Images for TechCrunch)


© (Photo by Steve Jennings/Getty Images for TechCrunch)
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, and counts Accel, Y Combinator, and Alphabet’s GV (formerly Google Ventures) among its investors.
  • Segment laid off 10% of its staff in May, in anticipation of a tougher IT spending environment amid the pandemic. However, the company indicated in September that it now has over 20,000 customers — up from 19,000
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Lumina Communications Adds 17 New Clients in 2020

SAN JOSE, Calif., Oct. 8, 2020 /PRNewswire/ — Lumina Communications, a B2B technology-focused PR firm with offices in Silicon Valley and New York City, today announced the addition of seventeen new clients spanning all three practices areas: Cyber Security, Enterprise Software and Services, and Infrastructure Management. To support the company’s growing business, Lumina also announced the appointment of Fay Li as Vice President, and Practice Director in order to provide leadership to the company’s growing Infrastructure practice and advise on media strategy and execution across accounts. Li comes to Lumina with nearly 10 years of experience in the media industry, both as a public relations strategist and a broadcast journalist. She has represented clients from a broad range of sectors including infrastructure management, professional services, technology and healthcare. Li will also lead Lumina’s broadcast practice.

“In the crowded business-to-business technology market, companies need to differentiate or die on

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Better detection of microwave radiation will improve thermal imaging, electronic warfare, radio communications — ScienceDaily

Army-funded research developed a new microwave radiation sensor with 100,000 times higher sensitivity than currently available commercial sensors. Researchers said better detection of microwave radiation will enable improved thermal imaging, electronic warfare, radio communications and radar.

Researchers published their study in the peer-reviewed journal Nature. The team includes scientists from Harvard University, The Institute of Photonic Sciences, Massachusetts Institute of Technology, Pohang University of Science and Technology, and Raytheon BBN Technologies. The Army, in part, funded the work to fabricate this bolometer by exploiting the giant thermal response of graphene to microwave radiation.

“The microwave bolometer developed under this project is so sensitive that it is capable of detecting a single microwave photon, which is the smallest amount of energy in nature,” said Dr. Joe Qiu, program manager for solid-state electronics and electromagnetics, Army Research Office, an element of the U.S. Army Combat Capabilities Development Command’s Army Research Laboratory.

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Axis Communications Launches VISCA Compatible PTZ Camera for Broadcasting and Live Streaming

AXIS V5925 PTZ Network Camera combines PTZ control with studio-grade audio and image quality.

As more organizations plan to broadcast or live stream their events, and consumers expect high-quality video and a seamless viewing experience, Axis Communications introduces a new solution: The AXIS V5925 PTZ Network Camera, a feature-rich camera that offers excellent video quality and studio-grade audio for professional live streaming and broadcasting. The AXIS V5925 is ideal for use in auditoriums, classrooms, and for indoor sports events–allowing users to effectively reach a broader, remote audience through the internet and other broadcast media.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005405/en/

The AXIS V5925 PTZ Network Camera is ideal for classrooms, auditoriums and inside sports venues. (Photo: Business Wire)

The AXIS V5925 is a versatile, high-quality camera that combines excellent image quality with smooth PTZ control including sports mode and stage mode, and studio-grade audio for

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The impact of COVID-19 on Free-Space Optical Communications Technology Market 2020 Key Players, Industry Overview, Supply Chain and Analysis to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 22, 2020 (The Expresswire) —
The GlobalFree-Space Optical Communications Technology Market2020 Global Industry Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2026 Analysis, Latest Innovations, Impacting Factors, Deep-dive data Market have observed a rapid increase It additionally discussions approximately the market size of different segments and their boom components alongside with increase trends, diverse stakeholders like investors, Research Methodology, Top Manufactures, CEOs, traders, suppliers, Director, President, Research and media, SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the enterprise and More Understand about Free-Space Optical Communications Technology Market.

Key Questions Addressed by the Report:-

Free-Space Optical Communications Technology Market Classify the problem areas in your business Prospects

Free-Space Optical Communications Technology Market trend Understand the wants of current customers

Free-Space Optical Communications Technology market Categorize new business opportunities and moving market

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Cloud Communications Platform, Melrose Labs to Protect Businesses from Fraud with New Technology Partnership

Melrose Labs has partnered with Phronesis Technologies to reassure businesses that customers are who they say they are

Following the launch of its voice and messaging services earlier this year, Melrose Labs’ new partnership will see the platform develop new identity verification services that will protect businesses and improve customer engagement.

The new offerings will also enhance Melrose Labs’ existing Identity and Location, and One-Time Password (OTP) services.

When SMS is used to deliver a one-time password to a user, there is a risk that the message could be intercepted. With these new services, businesses will be able to identify SIM swapping and deny the use of OTP to prevent fraudulent use of a user’s account. Mark Hay, CEO of Melrose Labs says:

“Identity verification is essential to reducing fraudulent activity and is a key part of ensuring secure and trustworthy customer engagements in online transactions. Our new partnership with

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How Saudi Arabia’s Ministry of Communications and Information Technology Creates A New Generation Of Tech Champions

Throughout the COVID-19 pan- demic, the government of Saudi Arabia, like any other government around the world, has had to move quickly and substantively with its stimulus packages for businesses to get through this crisis. However, in addition to that, the government of Saudi Arabia has not allowed the crisis to pause or slow down its ongoing and ambitious plans for boosting the Kingdom’s economy. According to Dr. Ahmed H. Altheneyan, Deputy Minister for Digital Capacities for the Ministry of Communications and Information Technology (MCIT) of Saudi Arabia, the Kingdom’s ambitious social transformation projects are aimed at driving diversification across its economy, “with the government today acting as more of an enabler and facilitator through its policies and regulations, as well as funding.”



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He explains that the drivers of the Kingdom’s Vision 2030 are 13 nationwide programs, the most critical of which is the National Transformation Program, which

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