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COMMUNICATIONS TECHNOLOGY

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Twilio, a customer engagement platform used by hundreds of thousands of businesses around the world, and Syniverse, a communications technology provider to leading carriers and enterprises, have announced that their strategic partnership has been finalized, with Twilio investing $750 million in common equity in Syniverse and the companies expanding their strategic and commercial partnership. In February 2022, Syniverse opted to abandon its intention for a $2.85 billion reverse acquisition that would have resulted in the business being listed on the New York Stock Exchange (NYSE). Syniverse will remain as being majority-owned by the Carlyle private equity firm, with Twilio’s $750 million investment serving as a source of additional funding. Twilio was originally mentioned in February as a possible alternative to the Syniverse NYSE IPO. With the completion of this deal, Twilio has become a large minority owner of Syniverse, while Carlyle retains the controlling share. Syniverse obtained $1.025…

Over the past few decades, technology has improved the overall standard of living for many people. These advancements affect an individuals ’ways of communication, learning and thinking, and help society to interact with each other on a daily basis. Altogether, technology plays an important role in the life of society. Without it, people would still live within their traditional geographical boundaries.   Technology has evolved incredibly quickly. Today, it’s hard to imagine life without technology, including the Internet, phones and computers. As these forms of communication become increasingly ubiquitous, it is important to examine their impact on people’s lives, well-being and relationships. Communication technology has given people tools to not only keep in touch with each other, but also express their feelings and opinions to a broader audience than would otherwise have been possible. Such innovations have made life easier for many and provided resources and tools to lead an…