Twitter buys TweetDeck, but won’t kill it

Twitter confirmed today it has bought TweetDeck, after months of rumours that the sale would happen, PCMag reported today.

The sale is believed to be worth about US$40 million, making Iain Dodsworth, the Twitter app’s founder, an overnight multimillionaire, the Guardian reported.

Many speculated that Twitter would kill the third-party developer if it bought it, but Twitter CEO Dick Costolo wrote: “In order to support this important constituency, we will continue to invest in the TweetDeck that users know and love,” according to PCMag.

A recent report from Sysomos showed that 42 percent of all tweets are made using unofficial Twitter services and apps, including TweetDeck, International Business Times reported.

Image: TweetDeck