Twitter to buy TweetDeck for $40 million

Twitter to buy TweetDeck for $40 million
Highlights
  • Twitter will buy TweetDeck for $40 million in a mix of cash and stocks.
The Twitter-TweetDeck buyout rumour has been making the rounds for a while and now CNN confirms the deal, quoting unnamed sources. Twitter will buy TweetDeck for $40 million in a mix of cash and stocks.

Tweetdeck is a popular application that lets users manage multiple social media accounts on desktop computers and mobile devices. It even supports Facebook, Linkedin and MySpace.

This buyout is speculated to be in response to UberMedia group's unsuccessful bid to buy TweetDeck for $25 million. Twitter has always been in the habit of taking over other Twitter clients like Tweetie. It even collaborated with Twitpic for an image interface. The addition of TweetDeck should essentially make Twitter the dominant social network client.
Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Facebook, Linkedin, MySpace, TweetDeck, Twitter
No credit cards needed, just say your name
App of the Day: Localscope - Find anything, anywhere

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com