TechCrunch reported that Twitter has acquired TweetDeck for between $40 million and $50 million, and that the companies will formally announce the acquisition this week.
Neither company has commented on the report.
The Wall Street Journal reported last month that Twitter was in talks to acquire the popular browser. TweetDeck was also said to be in talks with Ubermedia to launch a service to rival Twitter.
According to TechCrunch, the deal between TweetDeck and Ubermedia was “all but done,” but negotiations couldn’t be completed within a 30-day exclusivity window. That left Twitter free to outdo Ubermedia’s rumored $25 to $30 million bid.
TweetDeck users have expressed some concerns about what a Twitter acquisition will do to the product. The browser has a lot of extra features, letting users to connect accounts from multiple social networks such as Facebook and LinkedIn, something that’s unlikely to continue if it’s made an official Twitter app. TweetDeck also allows users to write tweets longer than 140 characters through deck.ly, which many assume would also fall by the wayside if the purchase goes through.
Others are worried Twitter will just kill TweetDeck altogether.
Do you use TweetDeck? What features do you hope Twitter will keep, if it acquires the browser?