(Correct first name of CEO Robert Vis)
* Software company MessageBird sales pass $300 mln in 2020
* MessageBird buys Dutch video firm 24sessions for
* MessageBird CEO: company spent $100 mln on three
AMSTERDAM, March 30 (Reuters) - The chief executive of
European software company MessageBird said on Tuesday its sales
passed $300 million in 2020, implying year-on-year growth of
nearly 50%, as it prepares for a possible IPO as early as this
But CEO Robert Vis said MessageBird, a cloud communications
business sometimes compared to U.S. Twilio, has not yet decided
whether to list in the United States or Europe, or when.
"We'll be ready H1 of this year, which is what I said a year
ago and which is still the case," Vis said told Reuters ahead of
an announcement on Tuesday that it has purchased Dutch video
conferencing company 24sessions.
But he underlined the company has not hired banks for a
listing and does not need funding after a $200 million capital
raise in October that valued it at $3 billion.
Though the price for 24sessions was not disclosed, Vis said
that MessageBird has spent $100 million on three acquisitions in
the past four months, including 24sessions, Hull.io of France
and Pusher of Britain, which it bought for $35 million in
"We've built a pretty significant software business in
Europe, growing at high scale," Vis said. He said the company
has rejected takeover offers from major U.S. software firms and
was determined to remain independent and European.
MessageBird helps companies handle and keep track of
communications with customers which nowadays may switch between
WhatsApp messages, phone calls, emails and video tools.
Among its 15,000 customers are Uber, Dominos, Telegram,
Lufthansa, Heineken and SAP.
According to public filings at the Dutch Chamber of
Commerce, MessageBird made a loss of 9 million euros ($10.6
million) in 2019 on sales of 169 million euros.
Vis said the company will also report a small loss in 2020.
($1 = 0.8491 euros)
(Reporting by Toby Sterling; editing by David Evans and Louise