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Twitter acquires blogging platform Posterous

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CIOL Bureau
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SAN FRANCISCO, USA: Twitter Inc said on Monday that it has acquired Posterous, a blogging platform known for its slick digital media-sharing interface.

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The microblogging service said in a blog post that the Posterous staff "has built an innovative product that makes sharing across the Web and mobile devices simple - a goal we share."

Founded in 2008, Posterous is one of the better-known companies emerging from the tech incubator Y Combinator.

The value of the deal was not announced.

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