M&A Deal Summary

Twitter Acquires Spindle

On June 19, 2013, Twitter acquired internet software and services company Spindle

Acquisition Highlights
  • This is Twitter’s 6th transaction in the Internet Software and Services sector.
  • This is Twitter’s 8th transaction in the United States.
  • This is Twitter’s 1st transaction in Arizona.

M&A Deal Summary
Date 2013-06-19
Target Spindle
Sector Internet Software and Services
Buyer(s) Twitter
Deal Type Add-on Acquisition

Target

Spindle

Scottsdale, Arizona, United States
Spindle is an innovator of mobile payment solutions for the banking industry, retail sector and consumer-facing companies.

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Buyer(S) 1

Buyer

Twitter

San Francisco, California, United States
Category Company
Founded 2006
Sector Internet Software and Services
Revenue 5.1B USD (2021)
DESCRIPTION
Twitter's corporate headquarters in San Francisco, California.
Twitter's corporate headquarters in San Francisco, California.

Twitter is a real-time information network of connected users. At the heart of Twitter are small bursts of information called Tweets. Tweets are text-based posts of up to 140 characters displayed on a user's profile page. Twitter was established in 2006 and is based in San Francisco, California.

DEAL STATS #
Overall 9 of 37
Sector (Internet Software and Services) 6 of 28
Type (Add-on Acquisition) 9 of 37
State (Arizona) 1 of 1
Country (United States) 8 of 32
Year (2013) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 Lucky Sort

Portland, Oregon, United States

Lucky Sort, Inc. is a startup that specializes in data visualization, develops and creates information interfaces.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-09 MoPub

San Francisco, California, United States

MoPub is a mobile ad serving platform that gives app publishers a way to monetize their apps. MoPub was founded in 2010 and is based in San Francisco, California.

Buy $350M
Mergr

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