Twitter’s CEO, Dick Costolo, has confirmed that his firm has purchased TweetDeck, the popular third-party client. In a blog post published on Wednesday morning, Costolo said that Twitter will continue to invest in TweetDeck, which Costolo sees as a powerful platform for brands, marketers, and publishers. Iain Dodsworth, the CEO of TweetDeck, said his team will remain in London “with the same focus and products, and now with the support and resources that allow [it] to grow.” While Twitter.com will still be the go-to destination for consumers, TweetDeck hopes that its service will continue to be used by “brands, influences, the highly active and anyone that just needs “more power.” Terms of the acquisition were not disclosed although early reports suggested Twitter paid $40 million in cash and stock.
Related Articles
Do you remember what Facebook, YouTube and Google looked like years ago?
The people you follow on Twitter are boring – here are 25 new follows to fix that
iOS 8 is still causing big headaches in unexpected places
This cool iPhone app found a great new use for widgets that you've never seen before
Hilarious: Watch Katy Perry, Britney Spears and more read mean tweets about themselves
Mesmerizing graphic shows how much Twitter exploded during the end of the Super Bowl
How Facebook and Twitter make you pay the 'cost of caring'
