Microblogging giant Twitter has acquired Posterous, a blogging platform that integrates the simplicity of Tumblr, although possibly not as sleekly designed. The acquisition was made public on Monday by Posterous in a blog post. The site will, until further notice, be unchanged. The “Spaces” or blogs created will remain active until further notice. The blogging platform has created frequently asked questions (FAQ) for current users to understand the changes that will follow with this acquisition.
The company was originally born out of its iPhone app, which was designed to share pictures portably. It then began to allow users to post to their blog from their email, this was soon followed by the creation of spaces. Spaces are user websites containing text and photos in which users can control how private or public they would like the site to be.
There has been no statement by Twitter on why they have bought the blogging website, however some have speculated that they way intend on branching beyond microblogging in an attempt to take an advantage over Tumblr. The company has however said that they will continue to keep Posterous Spaces alive.Posterous was founded in 2008 and is based in San Francisco. It has raised $15 million as of September 2011 and is backed by Y Combinator, Redpoint Ventures, and Trinity Ventures.
Source: Posterous
