Twitter is in the midst of shopping spree, but not for conventional goods Twitter has something larger to fill they’re shopping basket – startups. Their newest acquisition is a company called Ubalo which specialize in early-stage numerical computing, this comes after acquiring the company We Are Hunted and turning that into what is now Twitter music.
Announcing the Acquisition and Ubalo from Launch til Now
The news broke of the acquisition via Ubalo CEO Jacob Mattingly and CTO Ian Downes announced posting on their blog that Twitter had agreed to acquire the technology they’ve be working on for the past two years and the small Ubalo team. The very modest four person team will join the Twitter employees, we’ll just have to wait and see what new product Twitter comes out with next.
Ubalo is a fairly new startup with funding from Harrison Metal Capital they launched in 2011, they set out to change the way users run their code across a large computing environments. Ubalo has had some experience with Twitter, one of their case studies dealt with collecting tweets and sorting them into categories based on various topics, this task took the startup twenty one seconds to complete.
Another Ubalo case study saw the company process 25,000 tweets and analyze them in just under nineteen seconds needless to say the company isn’t short of processing power, this acquisition will become one of the most useful to Twitter to date.
Press Release and Fitting into Twitter
As of yet there has been no comment on the status of where the Ubalo staff will be placed within the social networking sites departments, but they are most likely to join the infrastructure of the company or will be placed in the engineering segment.
In a press release from Ubalo they said “When we met the infrastructure folks at Twitter, we realized that it’s a company with brilliant people, strong momentum, exciting challenges and a promising future. We quickly became enthusiastic about the possibility of collaborating with them and the impact we could have there.”
Source – TechCrunch