Over the past year or so a common theme seems to be emerging. Start up social enterprise begins to find its legs, builds a significant following, and then announces they’ve been ‘acquired by Twitter’. Here are the biggest ones:
This all seems to tie in with Twitter’s plans to start actually making money. While it has been claimed that Twitter were losing money in 2010 and 2011, leaked figures suggest that they aim to generate £400 million revenue in 2012 (still not very much compared to Facebook).
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In some cases Twitter has removed products, in others it has discontinued updates but left them going and in rare instances such as TweetDeck they have taken the product itself on board to develop. So who are these teams that Twitter has decided to take on board?So, Twitter have decided to ‘acquire’ some of the best teams and products from around the world.