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Twitter buys TweetDeck

CNN Money: “NEW YORK (CNNMoney) — Twitter has acquired TweetDeck, an application for organizing the display of tweets, for more than $40 million in a mix of cash and stock, according to sources close to the deal.”

I’m not so sure I’d have taken stock as part of that deal, unless it was a very small percentage. 80/20 maybe.

Dan Benjamin [via Twitter]:

Twitter’s strategy: buy the good 3rd party clients while diminishing other 3rd party client user experience until only Twitter remains

That hold water after recent changes that affect how clients access Twitter. Twitter’s own clients do not have to abide by the rules, thus, the user gets a better experience.

All you TweetDeck fans say bye-bye to Facebook, and other, service integration.

Categories: Business.

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