Twitter Acquires Computation Startup Ubalo, Terms Were Not Disclosed

Posted on May 10 2013 - 2:31am by Karan Chopra

Twitter

It’s a day of mergers and acquisition, first Yahoo unveiled that it had acquired GoPollGo and Milewise, and now news confirming that Twitter has acquired scalable computation startup Ubalo. The Ubalo confirmed the merges news via its blog, revealing that the micro-blogging giant agreed on to acquire its both technology and staff “a few days ago,” while financial terms were not disclosed.

Here is what Ubalo said about the acquisition via its blog post:

Ubalo joins Twitter!

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!

— Jacob Mattingley (@jem_nz) and Ian Downes (@ndwns), May 9, 2013

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Karan Chopra

Karan Chopra, CEO at G2One Network An Internet Media Company), Founder at 99DollarWebsite and Editor/Writer at I2Mag, JustWP.org, CodeAndMe.net, TechEXplained.org, JustInfo.Graphics, HowToWebDesign.org, NextBigProduct and WPLove.co. Karan is an internet enthusiast, who loves to explore every second thing in both technology and business. You can find him on Facebook , Twitter and Google+.