Monday, March 12, 2012

Reuters: Technology News: Twitter acquires Posterous

Posted by Isabella on 7:24 PM

Reuters: Technology News
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Twitter acquires Posterous
Mar 13th 2012, 01:53

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A Twitter page is displayed on a laptop computer in Los Angeles October 13, 2009.REUTERS/Mario Anzuoni

A Twitter page is displayed on a laptop computer in Los Angeles October 13, 2009.

Credit: Reuters/Mario Anzuoni

SAN FRANCISCO | Mon Mar 12, 2012 9:53pm EDT

SAN FRANCISCO (Reuters) - Twitter Inc said Monday that it has acquired Posterous, a blogging platform known for its slick digital media-sharing interface.

The microblogging service said in a blog post that the Posterous staff "has built an innovative product that makes sharing across the Web and mobile devices simple â€" a goal we share."

Founded in 2008, Posterous is one of the better-known companies emerging from the tech incubator Y Combinator.

The value of the deal was not announced.

(Reporting By Gerry Shih; Editing by Steve Orlofsky)

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