According to the Financial Times, who quote people “people familiar with the negotiations.”, UberMedia is close to completing the acquisition of London based TweetDeck.
TweetDeck was first launched in 2008 by Iain Dodsworth, it is personal browser for connecting across Twitter, Facebook, MySpace, LinkedIn and more. Investors include the Accelerator Group, Betaworks and ProFounders Capital.
TweetDeck has raised $3.5m but as yet has not generated significant revenues. The transaction would value the company at $25m-$30m.
UberMedia has also acquired UberTwitter, Echofon, and Twidroyd. UberMedia is headquartered at Idealab (www.idealab.com) in Pasadena, CA.
USA, Pasadena, CA & UK, London
Related articles:
- UberMedia acquires Mixx.com Posted on January 25, 2011
- PostUp acquires Echofon Posted on January 5, 2011
- PostUp acquires UberTwitter, renames company UberMedia Posted on January 25, 2011