Brief: KORE To Buy Twilio's IoT Business Unit
27/03/2023 14:11
March 27 (Reuters) - KORE Group Holdings Inc KORE.N :
* KORE TO ACQUIRE TWILIO'S IOT BUSINESS UNIT AND ACCELERATE
PROGRESS TOWARDS BUILDING THE WORLD'S FIRST 'IOT HYPERSCALER'
* KORE GROUP HOLDINGS INC - AS CONSIDERATION FOR
ACQUISITION,
TWILIO WILL RECEIVE 10 MILLION SHARES OF KORE COMMON STOCK
Source text for Eikon: ID:nPn7GYQ94a
Further company coverage: KORE.N
((Reuters.Briefs@thomsonreuters.com;))