Twitter Purchases Tweetdeck

Be fair, attentive, and customers
will return.

Twitter purchased TweetDeck,
an application for organizing
the display of tweets, for more
than $40 million using cash
and stock, per sources.

Twitter's PR account tweeted,
"For all those who might be
curious, we continue to not
comment on rumors."

Betaworks, a key investor in
TweetDeck, was not available
for comment.

A management stir-up, with
co-founder Ev Williams out
and Jack Dorsey back as head
of product, the company is
focusing on building/owning
Twitter's most compelling
features and interfaces.

In February, reports of
UberMedia, the leading
developer of apps and Web-
based services for Twitter
users and other social media
platforms, was in talks to
purchase Tweetdeck.

The deal didn't happen.

Around times of the deal chats
with UberMedia, Twitter
suspended UberMedia's
UberTwitter and twidroyd,
two popular apps used for
mobile Twitter access,
citing policy violations.

Twitter has been improving
its own main site as TweetDeck,
and many "Twitter clients"
began to surface over the
past two years.

Source: http://newsblaze.com/story/20110524095924writ.nb/topstory.html