Twitter today completed the acquisition of Spindle, a social discovery app that helps people discover what’s happening around them. There’s currently no word on what the deal is worth.
— Twitter Comms (@twittercomms) June 19, 2013
The startup, which was founded in 2010 by a group of ex-Microsoft engineers, uses social networks and one’s current location to suggest what’s happening in one’s surroundings and also helps them discover new places of interest.
“We’ve spent the past two and a half years building a product that helps you answer the question: ‘What’s happening nearby right now?’. Every time we’ve experimented and looked beyond local discovery, we’ve been amazed by the breadth and quality of content shared on Twitter. By joining forces with Twitter, we can do so much more to help you find interesting, timely, and useful information about what’s happening around you,” the startup said in a blog post.
The Spindle app will be shutting down immediately, as the entire team shifts to San Francisco. There’s no word on what the team will be working on, but some rumors suggest that they might work on a new local discovery service, which will help find relevant tweets and help people discover things of interest in their immediate vicinity.