Small Business News

Twitter Buys Ubalo

While Twitter has not confirmed the news itself, the company has apparently acquired Ubalo, a “scalable computation” startup.

The news appears to have been broken by TechCrunch, and Ubalo has posted the following message on its homepage:

We’ve got some exciting news: The Ubalo team is joining Twitter. In early 2011, we started Ubalo to make large-scale computing easier and more accessible to a technical audience, and we’ve had a great time working with our partners and customers on a number of interesting products. When we met the infrastructure folks at Twitter, we realized that it’s a company with brilliant people, strong momentum, exciting challenges and a promising future. We quickly became enthusiastic about the possibility of collaborating with them and the impact we could have there.

A few days ago, Twitter agreed to acquire our technology and we agreed to join their staff. We look forward to working with Twitter in the years to come.

Thanks for your support and interest in Ubalo!

TechCrunch says Twitter declined to “officially” comment on the deal.

Small Business News is brought to you by iEntry, Inc.
Search
Search

Stock Market

Stocks headlines
Index Last Change
Dow 17039.49 60.36
Nasdaq 4532.10 5.62
S&P 500 1992.37 5.86
NYSE 10982.83 33.35
AMEX 2727.20 3.27
Input stock ticker 
Or company name