13-02-2011, 04:51 PM
TweetDeck sold to "UberMedia" for..
TweetDeck, which is the most popular third-party Twitter client, has been purchased by UberMedia.
UberMedia already own apps such as Echofon, Twidroyd and UberTwitter, their acquisition of TweetDeck places control of about 20 percent of tweets sent daily under a single company. They reportedly paid $30 million for TweetDeck.
That such a large portion of Twitter’s functionality is now controlled by Gross’s company puts UberMedia at odds with Twitter itself.
Especially when you consider that Twitter has yet to develop a business plan that actually makes money off of the service’s 200 million users.
It has been reported this week that Google and Facebook have both engaged in talks to acquire Twitter itself for between $8 billion and $10 billion.
That high a valuation presumably played into how much UberMedia payed for TweetDeck, which relies on Twitter for its survival.
I personally think that Bill Gross paid way too much for TweetDeck but it just goes to show how much money there actually is in the mobile and app industry!
mcompute's twitter page
![[Image: tweetdeck-logo.png]](http://markwood.co.cc/donotdelete/tweetdeck-logo.png)
TweetDeck, which is the most popular third-party Twitter client, has been purchased by UberMedia.
UberMedia already own apps such as Echofon, Twidroyd and UberTwitter, their acquisition of TweetDeck places control of about 20 percent of tweets sent daily under a single company. They reportedly paid $30 million for TweetDeck.
That such a large portion of Twitter’s functionality is now controlled by Gross’s company puts UberMedia at odds with Twitter itself.
Especially when you consider that Twitter has yet to develop a business plan that actually makes money off of the service’s 200 million users.
It has been reported this week that Google and Facebook have both engaged in talks to acquire Twitter itself for between $8 billion and $10 billion.
That high a valuation presumably played into how much UberMedia payed for TweetDeck, which relies on Twitter for its survival.
I personally think that Bill Gross paid way too much for TweetDeck but it just goes to show how much money there actually is in the mobile and app industry!
mcompute's twitter page