Twitter snag another twitter app for $40 million!

Written by | Gadgets, Internet, Social Media, Tech

Twitter will acquire Tweetdeck for $40 million in cash and stocks. This transaction has yet to be announced and confirmed by Twitter and Tweetdeck. Twitter’s official public relations Twitter account also tweeted, “For all those who might be curious, we continue to not comment on rumors”.

Tweetdeck is just one of the many twitter app that was acquired by the company, some of their notable acquisition are Tweetie a twitter app for iphone, ipad and mac, Summize Search engine which later became Twitter Search.

Since Twitter’s main revenue are generated from twitter.com, these acquired company will help generate more traffic and more revenue for them. I just hope they don’t change the app that much, since I love using the columns feature of tweetdeck.

Update: Acquisition now official you can read the official statement from Tweetdeck and Twitter.

Source: Cnet News

Last modified: May 25, 2011

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Twitter snag another twitter app for $40 million!

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