Twitter Buys Tweetdeck

CNNMoney reports that the papers have been signed and Twitter has acquired Tweetdeck for $40 million in cash and stock. However the deal has yet to be announced and it looks like Twitter is keeping quiet for the moment.

“For all those who might be curious, we continue to not comment on rumors,” reads the latest tweet from the company’s global PR Twitter feed.

PCWorld proposes that at the root of the acquisition is Twitter’s desire to create a “consistent experience for its users.”

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