Twitter to purchase TweetDeck for $50 million

TweetDeck is one of the more popular third-party software applications out there which helps you propagate your tweets, and Twitter, the social microblogging service site, intends to bring TweetDeck under their fold for a cool $50 million, at least according to sources that are close to the matter.

It seems that the cash and stock deal might very well close in under ten days, and it would be one of Twitter’s largest acquisitions to date – the company being just 5 years young itself. Just what does this deal mean for the end users? Not much, but for Twitter, it would help them obtain an application that has picked up plenty of bouquets along the way thanks to its slick interface and enhanced capabilities – features that are treasured amongst sophisticated users. 

Apart from that, it also eliminates a potential threat to Twitter’s fast-growing service – after all, wasn’t Twitter the platform used to live blog about Osama bin Laden’s death over the weekend, helping send the story mainstream and creating an unwanted Internet celebrity overnight?

This might still be in rumorland, as TweetDeck has yet to issue an official statement concerning the situation.

Edwin Kee
Categories: Cellphones, Computers
Tags: tweetdeck, Twitter