Sweden’s Sinch acquires Pathwire, the cloud-based email provider behind Mailgun, for ~$1.9B in cash and stock, setting up Sinch as a competitor to Twilio (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Sweden’s Sinch acquires Pathwire, the cloud-based email provider behind Mailgun, for ~$1.9B in cash and stock, setting up Sinch as a competitor to Twilio  —  Sinch, the Swedish company that competes with Twilio and others in the world of messaging and other communication APIs is making another big M&A play to build out its platform.