Twitter buys TweetDeck for $40M

Business Times
May 24, 2011

Twitter Inc. has acquired TweetDeck for more than $40 million in a cash-and-stock deal, CNN and CNET are reporting, following weeks of rumors that a deal was in the making. TweetDeck makes software that manages traffic on the Twitter microblogging website. CNN said the deal was concluded Monday, citing people close to the deal, though no ...

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