Twitter Acquires Gnip, a Social Data Provider
Twitter has announced the acquisition of Gnip, a social data provider. Gnip says it was the first to offer access to a complete Twitter data archive. It also provides Twitter data to the Library of Congress. The company is headquartered in Boulder, CO and was founded in 2008. The company says it also collects data from Flickr, YouTube, Facebook, Google+, Disqus, Tumblr, Instagram, Reddit, Plurk and more.Twitter says in the announcement, "We want to make our data even more accessible, and the best way to do that is to work directly with our customers to get a better understanding of their needs. To that end, we have agreed to acquire Gnip, a leading provider of social data and a long-standing Twitter data partner. As Twitter has grown into a platform that delivers more than 500 million Tweets per day, Gnip has played a crucial role in collecting and digesting our public data and delivering the most essential Tweets to partners."
Twitter probably would have liked to own Topsy as well, but Apple bought it for an estimated $200 million late last year.
Gnip says in a post, "Gnip is one of the world's largest and most trusted providers of social data. We partnered with Twitter four years ago to make it easier for organizations to realize the benefits of analyzing data across every public Tweet. The results have exceeded our wildest expectations. We have delivered more than 2.3 trillion Tweets to customers in 42 countries who use those Tweets to provide insights to a multitude of industries including business intelligence, marketing, finance, professional services, and public relations."
Posted on April 15, 2014