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Twitter Buys Tiny Wireless Tech Firm

Twitter on Friday announced the acquisition of a small Seattle-based wireless technology company named Cloudhopper. Financial terms of the deal were not disclosed, but it's sure to be tiny. In a blog post, Twitter says it's been working with Cloudhopper for eight months. The top microblogging platform also now claims to process upwards of a billion SMS tweets per month -- a number that continues to grow exponentially around the world.

Twitter says the deal will help it "further grow and scale our SMS service," while allowing it "to connect directly to mobile carrier networks in countries all over the planet." According to TechCrunch, this acquisition marks Twitter's fifth, after picking up smaller startups like Summize, Values of n and more recently Mixer Labs and Tweetie maker Atebits.

Read the whole story at TechCrunch »

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