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Posterous Acquired By Twitter With Undisclosed Sum

Posterous is simple blogging platform and very user friendly which was formed in 2008 and is based in San Francisco. It allows users to post their blogs just through emails. Recently, Twitter acquired Posterous to expand on its business even further. According to VentureBeat, Posterous is supported by Y Combinator, Redpoint Ventures, and Trinity Ventures and through this has also been able to raise $15 million as of September 2011.


Posterous announced about the acquisition through a blog post on Monday. It is expected that after Twitter’s acquisition of Posterous there will be some changes, but for now it will remain the same with “Spaces”. Hence, the Posterous users do not have to worry about the blogs that have created. If there will be any changes the users will definitely told so. But it is expected there will not be much change when it comes to “Spaces” as it is one of the most essential features in Posterous and just last year it was introduced.

On Posterous Spaces users could write text and share photos which could be Liked or made for private collection too. Something that Posterous iPhone app was already doing. Just to guide through during this time of the acquisition Posterous has created an FAQ for its bloggers to understand the changes that will be made due to the transition of ownership. The details of the acquisition have not been released. Just this news came out suddenly without any prior talk on the matter.

Twitter only informed that will involve Posterous team just so that Posterous Spaces can have its authentic touch as it is. The microblogging platform of tweets did not even go into the reasons as to why it has acquired Posterous and what the acquisition means to it. How it sees its future with Posterous on its side. The experts are of the opinion that Twitters wants to match up to Tumblr by this acquisition.

[ttjad]

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