In a recent report by CNN, the famous twitter client TweetDeck is acquired by Twitter for $40 Million in cash and stock. Almost a month back, a technology news site, TechCrunch, had brought out the first news about this accusation which had lead to lots of speculations.  TechCrunch had reported the price to be $40-$50 Million in that report. Even now Twitter  have not officially confirmed about this report and they had also tweeted “For all those who might be curious, we continue to not comment on rumours.” in their PR twitter account. But CNN reports claims that the paper was signed on Monday even though twitter denies the report.

Twitter is a micro blogging site which was launched in 2006 and is one of the most successful social networking site right now. According to alexa statistics twitter is ranked 9th globally. TweetDeck is a desktop application developed in Adobe Air, which allows users to  post to twitter, facebook and other similar sites. TweetDesk, like twitter, is also one of the most successful project having a huge user base. TweetDesk is available for Windows, Linux, Mac, IPhone and Android devices.