Twitter confirmed its acquisition of ZipDial, an Indian startup that effectively works as a messaging service. TechCrunch had previously reported that Twitter was in talks to buy the company for an estimated $30 million to $40 million. “This acquisition significantly increases our investment in India, one of the countries where we’re seeing great growth, and also brings us a new engineering office in Bangalore,” Twitter product VP Christian Oestlien wrote in a blog post announcing the deal.
Twitter Buys Messaging Startup ZipDial, Expands in India
Peter Kafka covered media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.
