ASML Holding vs Twilio: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: ASML Holding and Twilio side by side

1. 1984ASML Holding

   Founded as ASM Lithography in Eindhoven

   ASM Lithography starts operations on April 1, 1984 as a joint venture between Philips and ASM International, with the mandate to commercialize the PAS 2000 wafer stepper developed inside Philips.

2. 1986ASML Holding

   PAS 2500 stepper and the Carl Zeiss partnership

   ASML brings the PAS 2500 stepper to market with a new wafer alignment system developed by first chief scientist Steef Wittekoek, and establishes the optics partnership with Carl Zeiss that still supplies every ASML lithography system.

3. 1988ASML Holding

   ASM International withdraws and Philips funds a rescue

   With few customers and heavy cash consumption, ASM International decides to stop funding the joint venture while Philips launches a company-wide cost-cutting program.

4. 1991ASML Holding

   PAS 5500 platform turns the company around

   ASML launches the PAS 5500 platform, whose productivity and resolution win the first large orders from Intel and IBM under chief executive Willem Maris and take the company to profitability. PAS 5500 systems are still running in customer fabs decades later.

5. 1995ASML Holding

   IPO in Amsterdam and on Nasdaq

   ASML becomes a fully independent public company with a dual listing on the Amsterdam Stock Exchange and Nasdaq. Philips sells half of its shares at the IPO and divests the remainder over the following years.

6. 2001ASML Holding

   TWINSCAN platform launched and Silicon Valley Group acquired

   ASML introduces the TWINSCAN dual-stage architecture, which exposes one wafer while the next is measured and aligned, lifting throughput and overlay accuracy above competing systems.

7. 2003ASML Holding

   First immersion lithography system

   The TWINSCAN AT:1150i debuts as ASML's first immersion machine, projecting 193 nanometer light through a layer of ultrapure water between the lens and the wafer to raise resolution.

8. 2008Twilio

   Company Founded

   Jeff Lawson, Evan Cooke, and John Wolthuis founded Twilio and launched its first voice API for developers.

9. 2010ASML Holding

   First EUV prototype shipped

   ASML ships the TWINSCAN NXE:3100, its first extreme ultraviolet lithography tool, to the research facility of an Asian chipmaker.

10. 2010Twilio

    SMS API Launched

    Twilio added programmable SMS, which became its largest product line.

11. 2012ASML Holding

    Customer Co-Investment Program with Intel, TSMC and Samsung

    Intel, TSMC and Samsung acquire newly issued ASML shares equal to an aggregate 23 percent minority stake for ~$4.35 billion (3.85 billion euros) in cash, and separately commit ~$1.56 billion (1.38 billion euros) of R&D funding over five years dedicated to EUV…

12. 2013ASML Holding

    Cymer acquisition completed and second-generation EUV shipped

    ASML completes the acquisition of Cymer, the San Diego supplier of the light sources used in its lithography systems, in a cash-and-stock deal valued at ~$2.2 billion (1.95 billion euros) when it was agreed in October 2012.

13. 2015Twilio

    Authy Acquired

    Twilio acquired the two-factor authentication company Authy in 2015.

14. 2016Twilio

    NYSE IPO

    Twilio listed on the NYSE under the ticker TWLO in June 2016, pricing shares at $15.

15. 2017ASML Holding

    EUV enters high-volume manufacturing

    ASML begins shipping the production-ready TWINSCAN NXE:3400B after customers started ordering the NXE:3400 generation in batches in 2016, roughly two decades after EUV research began.

16. 2019ASML Holding

    Dutch government stops EUV exports to China

    The Netherlands does not renew ASML's export licence for EUV systems to China, the start of a widening export control regime.

17. 2019Twilio

    SendGrid Acquisition

    Twilio completed its all-stock acquisition of email platform SendGrid, announced at about $2 billion.

18. 2020Twilio

    Segment Acquisition

    Twilio acquired customer data platform Segment for about $3.2 billion, its largest deal.

19. 2021Twilio

    Revenue Passes $2.8 Billion

    Twilio reported FY2021 revenue of $2.842 billion, up 61% year over year, with a net loss of $949.9 million.

20. 2023ASML Holding

    First High-NA EUV system shipped

    ASML ships the first of its next-generation EUV systems with a numerical aperture of 0.55, the TWINSCAN EXE:5000, to Intel in Hillsboro, Oregon.

21. 2023Twilio

    Restructuring

    Twilio cut about 17% of its workforce in February 2023 and made further reductions later in the year as it shifted toward profitability.

22. 2024ASML Holding

    Christophe Fouquet becomes chief executive

    Peter Wennink and Martin van den Brink step down as presidents of ASML on April 24, 2024 and Christophe Fouquet becomes president, chief executive officer and chair of the Board of Management.

23. 2024Twilio

    CEO Transition

    Co-founder Jeff Lawson stepped down as CEO in January 2024 and Khozema Shipchandler succeeded him.

24. 2025ASML Holding

    Record year, first EXE:5200B and Mistral AI investment

    ASML reports total net sales of ~$37 billion (32.7 billion euros), up 15.6 percent, net income of ~$10.8 billion (9.6 billion euros), a gross margin of 52.8 percent and 535 systems sold, and closes the year with a backlog of ~$43.8 billion (38.8 billion euros)…

25. 2025Twilio

    First Full-Year GAAP Profit and Stytch Deal

    Twilio reported FY2025 revenue of $5.067 billion and net income of $33.8 million, and completed its acquisition of identity platform Stytch on November 14, 2025.

26. 2026Twilio

    Growth Re-accelerates

    Twilio reported Q2 2026 revenue of $1.50 billion, up 22%, and raised its 2026 revenue growth outlook to 18%-18.5%.

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