Twitter looking to buy TweetDeck for $50 million

Twitter looking to buy TweetDeck for $50 million
According to the WSJ, Twitter is looking to buy out the popular Twitter client TweetDeck for $50 million, continuing the company's efforts to buy or shutdown third-party clients.

TweetDeck had been previously linked to UberMedia, who was looking to purchase the client for $30 million. That deal is still on the table, but negotiations have died down, say the sources.

As arguably the best Twitter client around (and accounting for 13 percent of all tweets sent on a daily basis), TweetDeck is a hot commodity for the microblogging platform and remains the top app for "power users," those who tweet many times per day from many different devices.

Twitter will certainly want to outbid UberMedia, if possible, especially since Uber has the top Twitter app for BlackBerry (UberSocial) and the "highest rated" Twitter app for Android, Twidroyd and has been allegedly cooking up a plan for a "Twitter killing" service.

Written by: Andre Yoskowitz @ 19 Apr 2011 0:52
Twitter acquisitions TweetDeck
Advertisement - News comments available below the ad

© 2024 AfterDawn Oy

Hosted by
Powered by UpCloud