Twitter Buys Video-Sharing Startup
All Things D, Wednesday, October 10, 2012 12:06 PM
Twitter this week announced the acquisition of video-sharing startup Vine. The terms of the deal are not known, but AllThingsD smells an “acqhire.” Indeed, Vine is a three-man company,
which didn’t even have time to launch to the public before getting scooped up by Twitter. Although, as AllThingsD writes, the Vine deal is “maybe not a garden-variety acqhire, we’re
told. For instance, there’s a possibility that Vine could still live as a standalone service.” Either way, “if Twitter ends up running its own video service, this should
help.”
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