Around the Net

Twitter Paid $134M For Gnip

  • Re/code, Tuesday, August 12, 2014 11:50 AM
Twitter paid $134 million in cash and stock for social data provider Gnip, back in April. “The package, outlined in a 10-Q filing with the Securities and Exchange Commission, included more than $107 million in cash and as much as one million shares of restricted stock and other equity awards to Gnip employees,” Re/Code reports. Prior to the deal, Twitter had already become a reliable consumer research tool for agencies and brands.

Read the whole story at Re/code »

Next story loading loading..