Now it’s a done deal. Twitter has indeed purchased TweetDeck.
The deal closed last night, and Twitter has paid between $40 and $50 million in cash and stock for the startup.
But we knew all that: The Wall Street Journal first reported that Twitter was in talks to buy the company back in April, and the deal has been essentially done for a couple weeks, despite Twitter’s insistence that it was a “rumor.”*
But what happens next? And what happened to the deal TweetDeck had to sell to Bill Gross’ UberMedia, back in February?
TweetDeck CEO Iain Dodsworth explains to me (sort of) via an IM interview we conducted this morning… > Click here to read whole Q&A session