Twitter Buys TweetDeck

Brad Chacos

It's official: TweetDeck, the makers of a popular app that allows social media fanatics to tweet and update their various social media profiles from a single interface, has been purchased by Twitter. Rumors about the deal have been swirling around the Internet for a week before reaching a fever-pitch Tuesday afternoon. Tweetdeck laid all the speculation to rest earlier today, and even managed to tweet the deal in under 40 characters: "Official: TweetDeck Has Been Acquired By Twitter http://j.mp/lUHTnH"

Ironically enough, the link pointed to a fairly long blog post on TweetDeck's website .

Other than confirming the purchase rumor, TweetDeck founder Iain Dodsworth spends plenty of time reminiscing, thanking the team and talking about TweetDeck's "unwavering focus" on quality. What he doesn't say, though, is how big of a check he's getting. The Wall Street Journal's Emir Efrati had already burst the secrecy bubble earlier this week , though, citing "people familiar with the matter" as saying the deal was worth approximately $50 million.

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