The purchase ended for just over $40 million in cash and stock with the closing papers signed today.
TweetDeck had been previously linked to UberMedia, who was looking to purchase the client for $30 million and had an exclusive negotiating window that ran out. 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.
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.
TweetDeck also allows users to connect their LinkedIn and Facebook platforms to one app.
Written by: Andre Yoskowitz @ 24 May 2011 2:56