Twitter acquires TweetDeck for more than $40 million

Laurie Segall: >Twitter has acquired TweetDeck, an application for organizing the display of tweets, for more than $40 million in a mix of cash and stock, according to sources close to the deal. I saw this last night and didn’t post about it because I couldn’t figure it out — I am still scratching my…

Laurie Segall:
>Twitter has acquired TweetDeck, an application for organizing the display of tweets, for more than $40 million in a mix of cash and stock, according to sources close to the deal.

I saw this last night and didn’t post about it because I couldn’t figure it out — I am still scratching my head here. Either Twitter knows something I don’t about TweetDeck, or their management is far worse than I think.

Typically I would go with the former, but lately that is getting hard to believe. ((Given their penchant for pissing away VC funds…))

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