See twitter’s new baby

chika ebuzor

March 13, 2015 10:59 PM

Some tech experts say the deal was over exaggerated.

News coming in from a reliable source has it that the tech giant-twitter, has recently acquired live video streaming company periscope. This deal gulped a mouth-watering $100million. Some tech experts say the deal was over exaggerated, but twitter has refused to make comments on the price speculations making the rounds.

Officials from twitter say this addition will further enhance user experience and position twitter as a leader in the technology industry, Periscope is a platform that allows people upload and stream live video for their friends to watch.

An official statement from twitter says the carefully worked out acquisition, is in line with its expansion drive for this year. The periscope deal will give twitter an edge over companies such as meerkat.

Industry sources say it will take some time before the real fruit of twitters’ new acquisition starts blooming. Pulse will keep you posted as the story unfolds.

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chika ebuzor