Twitter reportedly buys TweetDeck for $40M

Microblogging site may have finalized a deal to scoop up TweetDeck, CNN says

Twitter has finalized a deal to buy TweetDeck, CNN reported this morning.

The microblogging site reportedly reached an agreement to buy the popular Twitter client for more than $40 million in cash and stocks, according to CNN.com.

Neither TweetDeck nor Twitter replied to a request for comment, but Twitter's PR people tweeted Monday night, "For all those who might be curious, we continue to not comment on rumors."

There has been a lot of speculation in recent months about TweetDeck's future and who might be vying to buy it.

Just last month, the Wall Street Journal reported that Twitter was in advanced talks to acquire TweetDeck. Another company, UberMedia, had also reportedly been working out a deal to buy TweetDeck.

The budding rivalry between Twitter and UberMedia, which owns several popular Twitter applications, seems to be heating up.

The two companies clashed in February when Twitter suspended UberMedia's three major third-party mobile applications -- UberSocial, Twidroyd and UberCurrents -- from use on its site for allegedly violating its use policies. Twitter reinstated access to the apps a day later.

Last month, CNN.com reported that UberMedia is in the process of creating its own microblogging service that would compete directly with Twitter.

For months, industry experts said UberMedia was looking to buy TweetDeck, which competes directly with Twitter's Web and mobile clients. Having TweetDeck on board would help UberMedia build up its own microblogging service - one with TweetDeck features that users already have grown attached to.

Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at @sgaudin or subscribe to Sharon's RSS feed. Her e-mail address is sgaudin@computerworld.com.

Read more about web 2.0 and web apps in Computerworld's Web 2.0 and Web Apps Topic Center.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags internettwittere-commerceWeb 2.0 and Web Apps

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sharon Gaudin

Computerworld (US)
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?