Twitter TweetDeck Deal Being Pursued: Report

CORAL GABLES (LALATE) – Twitter is pursuing a purchase of TweetDeck claims reports Monday. The Twitter TweetDeck deal has yet to be confirmed by either company. But the WSJ is reporting that the two companies are in negotiations, adding that Twitter is set to pay a reported $50 million for TweetDeck.
The news comes just days after another report claimed that UberMedia was set to buy TweetDeck.
Last week, Mashable reported that UberMedia was pursuing a purchase of TweetDeck after raising nearly $18 million in a new round of funding earlier this year. At the time, Mashable reported that “because TweetDeck users create a TweetDeck account in addition to a Twitter account, creating a backup network or alternative communications platform is less cumbersome for users [with TweetDeck]“.
The WSJ report indicates that TweetDeck has fifteen employees in England and is funded by industry leaders including Ron Conway and John Borthwick. Neither TweetDeck nor Twitter had any comment about the news.









