Twitter buys out Tweetdeck

TWITTER has bought TweetDeck for between $40m and $50m (£30.7m) in a deal expected to be officially announced in the next few days.

The agreement, reported by blog site TechCrunch, is thought to include both cash and Twitter stock.

TweetDeck – a third-party app designed to integrate with Twitter – filters conversations based on keywords and messages, while allowing users to write tweets in excess of the default 140 character limit. TweetDeck has around 15 employees, most of them in the UK.

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