Twitter acquires BackType

Twitter has acquired the social analytics company backtype.From backtype blog “Joining Twitter gives us the opportunity to bring insight to tens of millions of publishers around the world that are using Twitter to communicate and connect with their audience. We’re also excited to bring our technology (especially Storm) to Twitter where it can have a big impact across the company.”
The company also says that BackTweets will now be offered for free, but we will not be accepting new signups. The API will be discontinued.

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