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Twitter acquires start-up Periscope

Tuesday 10 March 2015 | 09:06 CET | News
Twitter has acquired Periscope for USD 50-100 million worth of cash and stock, Business Insider reported, citing sources familiar with the matter. Start-up Periscope has been developing a live-video streaming app but has not yet launched. The transaction closed a month ago.

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Categories: Internet / Mobile & Wireless
Companies: Twitter
Countries: World
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