18 Mar '12, 9pm

[BLOGPOST] Twitter Acquired Posterous, Bringing 36 Talented New Birds Into The Flock

[BLOGPOST] Twitter Acquired Posterous, Bringing 36 Talented New Birds Into The Flock

“Posterous is joining the flock at Twitter” is the title of the announcement made on March 12, 2012. The blogging platform, which was Tumblr’s rival, was acquired by Twitter, a company which, as Gawker discovered , is pretty stuck with their finances. The opportunities in front of Twitter are exciting, and we couldn’t be happier about bringing our team’s expertise to a product that reaches hundreds of millions of users around the globe. Plus, the people at Twitter are genuinely nice folks who share our vision for making sharing simpler. This deal is more of an acqui-hire deal than the real acquisition; Twitter wants the people behind Posterous and not the product itself. You could say that this sounds like a gentle intro for shutting down Posterous , and based on Twitter’s announcement , it seems this might be the future of Posterous: Today we are welcoming a very talented...

Full article: http://www.domain.me/blog/twitter-acquired-posterous-brin...

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