Twitter is certainly among the top websites on the web and just to stay in the competition along with top social networking sites like Facebook and MySpace, Twitter has decided to go ahead and acquire Tweetdeck. Although, there was a lot of speculation about the deal but it has been recently announced and confirmed that Twitter has bought Tweetdeck for around $40 million and now this desktop application is right under the wing of this giant micro-blogging company.
Many people were not too sure that the deal might go through because there were many rumors and speculations surrounding the deal. However, CNN Money has now confirmed the reports that the deal between the two parties have gone through and in order to keep this desktop application Twitter will provide Tweetdeck with cash and stock options. Recently, Twitter has made many changes to its policies and therefore not many third party application companies are happy about it. The changes made by Twitter to its API have made it difficult for third party applications to get in sync with Twitter.
Twitter decided to go for this desktop application because they want to make sure that this application is available on all desktops across the world. This will definitely impact the other third party applications now because Twitter will now be available directly from the desktop. Twitter has always tried to stay in the competition and they have earlier bought many other third party applications that have helped them to grow like Tweetie which they later turned into official Twitter app for the Apple iPhone. Although, the deal is confirmed Twitter has not very much revealed the information about the deal of how they will make the payments to get their desktop application. So far Twitter has only said that they would like to stay away from the rumors and prefer not to comment on anything.
Tags: Tweetdeck, Twitter, Twitter Buys TweetDeck for $40 million
