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Twitter Cofounder Talks Again About Acquisitions

Stone: Deals are "something we are definitely interested in"

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There’s no need to start refreshing the Twitter Blog every five seconds; it doesn’t sound like any pens are poised over paper at the moment.  However, Biz Stone has made some statements concerning acquisitions that point to more of them taking place in the future.

Biz Stone"That is something we are definitely interested in," Stone said at a press conference in Israel, according to Steven Scheer.  He then referenced Summize, continuing, "We made an acquisition last year that turned out to be an outstandingly good decision."

And Stone also added, "As our attention is grabbed by some of these developers, we will take a hard look at them."

Now (and/or in the next few months) might be a good time for Twitter to make acquisitions, considering that its bank accounts are fairly full and the economy remains on shaky ground.  Critics might grumble if Twitter spends money without first starting to make it – as always, monetization remains a concern – but there are other things, like iffy growth and uptime figures, to consider.

We’ll keep an eye on the situation, then.  Just don’t place a bet on anything occurring during what’s normally a rather slow news season.

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Twitter Cofounder Talks Again About Acquisitions
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  • http://fearofflyingcourses.com nofear

    I want to know (if ever) what they have acquired..for sure, maybe they can tell us what those were..

    • Doug Caverly

      Twitter twitter.com/2008/07/finding-perfect-match.html”>announced the acquisition of Summize in July of last year.

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