Twitter reportedly agrees to buy TweetDeck for as much as $50 million
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.
Twitter has agreed to buy TweetDeck for about $40 million to $50 million, according to a report from TechCrunch.
Officials at the San Francisco-based microblogging site declined to comment on the report and directed the Technology blog to a tweet sent April 18 that said: “We don’t comment on rumors. We don’t provide off-the-record background on rumors. We don’t wink twice or release puffs of smoke abt rumors.â€
On April 18, reports swirled that Twitter was eyeing a takeover of TweetDeck, the London-based maker of an application that sorts Twitter data into a multi-column interface preferred by many who use Twitter for business or marketing.
According to the TechCrunch story, unnamed sources have said Twitter will announce a purchase of TweetDeck in the next few days. The purchase of TweetDeck, one of the most widely used Twitter applications available, would be made using a combination of cash and stock, the report said.
Officials from TweetDeck were unavailable for comment Monday.
RELATED:
Twitter in talks to take over TweetDeck
Osama bin Laden’s death sets Twitter record for ‘sustained rate of Tweets’
Osama bin Laden raid live-tweeted; pair found out later what the commotion was about
-- Nathan Olivarez-Giles and Jessica Guynn