Twitter buys social data provider Gnip

Tue Apr 15, 2014 10:08pm IST

A portrait of the Twitter logo in Ventura, California December 21, 2013. REUTERS/Eric Thayer/Files

A portrait of the Twitter logo in Ventura, California December 21, 2013.

Credit: Reuters/Eric Thayer/Files

Related Topics

Stocks

   

REUTERS - Twitter Inc (TWTR.N) said it bought social data provider Gnip to provide enhanced data analytics capabilities to its business customers.

Twitter did not disclose the price it paid for Gnip.

"Together we plan to offer more sophisticated data sets and better data enrichments, so that even more developers and businesses big and small around the world can drive innovation using the unique content that is shared on Twitter," the microblogging company said in a blog. (r.reuters.com/haq58v)

Founded in 2008, Gnip has a four-year-old partnership with Twitter and helps companies analyze data across every public tweet.

Gnip also has partnerships with other social media companies such as Tumblr, WordPress, Foursquare, Disqus, IntenseDebate, StockTwits and GetGlue.

Twitter's shares were little changed at $41.02 in late morning trading on the New York Stock Exchange.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Kirti Pandey)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Smartphone Wars

Reuters Showcase

Cloud Solutions

Cloud Solutions

Tencent teams up with IBM to offer business software over the cloud.  Full Article 

Cook Comes Out

Cook Comes Out

Apple's Cook: "I'm proud to be gay".  Full Article | Related Story 

 Rubin Quits

Rubin Quits

Android co-founder Andy Rubin to leave Google.  Full Article 

Glowing Flower

Glowing Flower

Video: Genetically altered glowing flower on display in Tokyo.  Video 

Web Fast Lanes

Web Fast Lanes

Comcast, AT&T seek to reassure on no plans for Internet 'fast lanes'.  Full Article 

Tech Reshuffle

Tech Reshuffle

Twitter product chief sidelined as user engagement slides.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage