Twitter Acquires Social Data Provider Gnip

Twitter

Twitter announced today that it has bought Colorado-based startup Gnip, which helps business customers analyze data across every public tweet. Together, the companies will “offer sophisticated data sets and better data enrichments” that let both businesses and developers innovate using Twitter content.

We want to make our data even more accessible, and the best way to do that is to work directly with our customers to get a better understanding of their needs. To that end, we have agreed to acquire Gnip, a leading provider of social data and a long-standing Twitter data partner. As Twitter has grown into a platform that delivers more than 500 million tweets per day, Gnip has played a crucial role in collecting and digesting our public data and delivering the most essential tweets to partners.

Gnip’s social media partners include WordPress, Foursquare, Tumblr and Disqus. The company said in a blog post that it’s been a Twitter partner for the past four years and has delivered more than “2.3 trillion tweets to customers in 42 countries.”

Twitter did not disclose the price of the Gnip buyout, but says it will provide more information about the companies’ joint vision and data platform in the near future.

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