Twitter announced that it has acquired Gnip, a social data provider and this promulgation made by them via their official blog post.
As of now, Twitter didn’t disclose price of acquisition.
“We want to make our data even more accessible, and the best way to do that is to work directly with our customers to get a better understanding of their needs. To that end, we have agreed to acquire Gnip, a leading provider of social data and a long-standing Twitter data partner. As Twitter has grown into a platform that delivers more than 500 million Tweets per day, Gnip has played a crucial role in collecting and digesting our public data and delivering the most essential Tweets to partners.” wrote by Jana Messerschmidt, VP, Global Business Development & Platform of Twitter in blog post.
On this, “This acquisition signals clear recognition that investments in social data are healthier than ever. Our customers can continue to build and innovate on one of the world’s largest and most trusted providers of social data and the foundation for innovation is now even stronger. We will continue to serve you with the best data products available and will be introducing new offerings with Twitter to better meet your needs and help you continue to deliver truly innovative solutions.” Chris Moody said in Gnip’s official blog post.
In addition to this, Gnip was founded in 2008 and has a long term partnership with Twitter of almost four years. Gnip also has several partnerships with some other social media influencing companies such as WordPress, Tumblr, Disqus, IntenseDebate, GetGlue and StockTwits.