Report: Twitter Takes TweetDeck Under Its Wing For $40-$50 Million

Twitter has apparently won the bidding war for TweetDeck, an app available on computers and smartphones that allows users more control over their Twitter accounts. The rising social networking giant will have to dip deep into its pockets to swallow up the supplementary service, paying between $40 million and $50 million, according to a report.

TechCrunch‘s anonymous source says the deal is imminent, and is viewed as a defensive move by Twitter to block UberMedia from grabbing TweetDeck. UberMedia, which has acquired EchoFon, UberTwitter and other Twitter-related services, was reportedly close to buying TweetDeck for between $25 million and $30 million in February.

If you use Twitter, which app do you use to access the network?

Twitter To Buy TweetDeck For $40 Million – $50 Million [TechCrunch]