LEAKED: TWITTER BUYS TWEETDECK FOR $50 MILLION

According to source speaking to TechCrunch, Twitter purchased the popular third-party client TweetDeck for between $40 and $50 million on Monday. The Wall Street Journal originally reported that Twitter was in “advanced talks” to purchase TweetDeck – a 15 person company – back in April. Sources speaking to TechCrunch said that Twitter made the purchase in an effort to stop Uber Media, another third party company with a handful of Twitter applications across multiple platforms, from buying TweetDeck first. Neither company has officially announced the acquisition, yet.

RUMOR: TWITTER TO PURCHASE TWEETDECK

According to a report by The Wall Street Journal, Twitter is in “advanced talks” to purchase TweetDeck — the popular desktop and mobile third-party Twitter client. The deal could be worth as much as $50 million, although neither party has commented on the possible acquisition. TweetDeck, based in the U.K, has 15 employees on its payroll. Twitter could use the acquisition to immediately offer a “native” Twitter client in the PC desktop space, especially if it has plans to begin targeting enterprise Twitter users.