Twitter acquires TweetDeck for $40 million

Earlier this month we heard reports from TechCrunch that TweetDeck had been acquired by Twitter for $50 million. CNN now says that Twitter has finalized its purchase of TweetDeck in a $40 million cash and stock deal, and that the paperwork was signed on Monday. Neither Twitter nor TweetDeck have confirmed the purchase, and Twitter’s PR team tweeted: “For all those who might be curious, we continue to not comment on rumors.”

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Tags: 40 million, 50 million, acquisiton, Android, application, Apps, cash, developer, iOS, os x, PC, Purchase, stock, third party, Tweet, Tweet Deck, TweetDeck, Twitter, Uber Media, UberMedia, Windows