Rumor: Twitter performs takeover talks with Flipboard




Twitter would introduce since early this year takeover talks with Flipboard, developer of the eponymous app. Flipboard to get hands would Twitter an amount of approximately $ 1 billion, or approximately 918 million euros.

The reports on ongoing negotiations about a possible acquisition of Flipboard on Twitter are coming from Re / code. The site has relied on multiple anonymous sources. The talks would run since early this year, although there are no concrete deals closed. The negotiations were currently lie still.

Twitter would be going to conduct the takeover talks after noises resounded from shareholders that the social network would bring in more users. Possibly Twitter want to put $ 1 billion on the table to get their hands on Flipboard, converted almost 920 million euros to pay.

An acquisition of Flipboard, an app for Android, Windows Phone and iOS which in content from multiple sources browsed may be, could extend the reach of Twitter now says Twitter around 300 million have active users, compared to approximately 100 million users by Flipboard were claimed last year. It is unclear how big the overlap is in the number of users. In addition Flipboard’s popularity, according to Re / code have decreased, partly because the app is no longer installed on standard hardware from Samsung.


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