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Tuesday Jul 15, 2008
Twitter Picks up Summize
Microblogging site Twitter has acquired the Summize search engine, according to TechCrunch. The report said that the size of the transaction wasn't disclosed, although it was paid for mostly in stock; Twitter has also hired 5 of the 6 Summize employees, while Summize's founder Jay Verdy will move on to a new project.
The report said that the five Summize employees joining Twitter are all engineers, which will add to the twelve engineers currently working at Twitter. (It's amazing how small some of these big-news tech companies actually are.)
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