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Posts Tagged ‘twitter buys tweetdeck’

Dear Twitter: Please Put TweetDeck Out Of Its Misery And Kill It Off For Good

Once upon a time, TweetDeck was, for many users, the Twitter client of choice.

As one of the first platforms to support configurable columns, TweetDeck quickly established itself as the de facto standard for power-browsing on Twitter, and this continued for years.

Right up until Twitter bought it.

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Twitter Confirms TweetDeck Purchase, Promises To Invest In The Product “Users Know And Love”

Over on the official blog, Twitter has now confirmed the acquisition of popular software client TweetDeck, which we wrote about yesterday.

In a brief update from Twitter CEO Dick Costolo, the company provides a little insight about what the purchase means, why it was made and where they go from here.

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Twitter Buys TweetDeck For $40 Million (But The Real Cost Will Be Met By TweetDeck’s Users)

Back in April we wrote about speculation that Twitter was in ‘advanced talks’ to buy the popular Twitter client TweetDeck, based on a story in The Wall Street Journal. This, of course, followed rumours that TweetDeck had been acquired by Twitter-competitor and eternal thorn, Ubermedia.

Earlier this month, TechCrunch quoted sources that suggested that Twitter had indeed bought TweetDeck, but no further evidence materialised.

Now, finally, the deal is done. CNN announced last night that TweetDeck has been officially purchased by Twitter for more than $40 million in a mix of cash and stock.

So… what happens next?

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Twitter Acquires TweetDeck For $40-50 Million, Says Source. Now, What Are They Gonna Do With It?

Back in April we wrote about speculation that Twitter was in ‘advanced talks’ to acquire the popular desktop client TweetDeck for $50 million, based on information provided to the Wall Street Journal.

This followed a story in February that potential Twitter-competitor Ubermedia was attempting to acquire TweetDeck themselves for $25-30 million.

A post last night on TechCrunch cites a source that states that Twitter has acquired TweetDeck, and an announcement will be made in the coming days.

If accurate, what does this mean for Twitter, and perhaps more importantly for its current users, what does this mean for TweetDeck?

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