What Is The Status Of The Deal With Apple And Twitter?

Is Apple going to buy Twitter? Hit the jump for an updated status on the Twitter and Apple deal.


Apple’s negotiations with Twitter for a possible takeover of the microblogging social site ended with no deal agreed, according to rumors, with both firms arguably getting all they needed from Mountain Lion. Reports of the discussions – along with a possible separate investment deal, which tipped a potential valuation of over $10bn – broke last week, but according to Bloomberg‘s two insiders both approaches failed to result in an agreement.

The buy-out talks took place more than a year ago, one source disclosed, but did not end with any sort of investment agreement. A second round of negotiations were apparently held more recently – described by insiders as “in recent months” – at which point Apple supposedly considered pumping “hundreds of millions of dollars” into Twitter.

That would have resulted in an overall valuation in excess of $10bn for the micromessaging site, but talks again did not lead to a final deal. Neither Apple nor Twitter will comment on the speculation.

In the meantime, of course, Twitter integration has been heavily baked into first iOS 6 and then, hitting Macs in the past week, OS X Mountain Lion. Twitter is currently the only sharing network enabled in Mountain Lion – our full review of which is here – with Facebook integration expected to go live this fall.

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