The financial details of the transaction were not disclosed. However, certain reports said the transaction is valued at $40-50 million.
"Twitter has acquired TweetDeck," technology blog 'TechCruch' reported citing a source with knowledge of the deal. The purchase price includes both cash and Twitter stock, the report said adding the transaction will be announced in the next few days.
'It would be a pity if Tharoor were to be punished for a tweet, no matter how cheekily offensive it may appear to our home-grown politicians. He has said and written far worse to merit retribution for something which is at best a sarcastic comment on dubious austerity,' says Kanchan Gupta.
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