Twitter Acquires Mobile App SpindleBy: Chris Crum - June 19, 2013
Twitter has acquired check-in app Spindle. Twitter will shut the service down, and utilize the team for its own efforts.
Spindle says in a post on its blog:
We’ve spent the past two and a half years building a product that helps you answer the question: “What’s happening nearby right now?” Every time we’ve experimented and looked beyond local discovery, we’ve been amazed by the breadth and quality of content shared on Twitter. By joining forces with Twitter, we can do so much more to help you find interesting, timely, and useful information about what’s happening around you.
The Spindle team will be relocating and joining the Twitter team in San Francisco. As part of this change, we’ll be sunsetting the Spindle service today to focus on these new and exciting opportunities.
You can see a video about how Spindle works here.
Terms of the deal were not disclosed.[via Mike Isaac]