Twitter Acquires Search-Engine Site Summize

By Matthew Schwartz in briefsNews on July 16, 2008

Twitter is growing up fast. It has acquired Summize, a search engine created specifically to index posts on the social-networking site. Financial terms were not disclosed, but Silicon Alley Insider pegged the price at $15 million. The company said Summize will be integrated under the Twitter brand. 

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Matthew Schwartz is Senior Editor of ScribeMedia.org and host of the WebTV series, From Print to Digital.

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