Twitter, the microblogging service has bought over Posterous, a regular blog service, which makes it possible to share content across the web and mobile platforms together. Twitter says that Posterous's service is exactly what they like to integrate into their own service. They said in a blog post that Posterous engineers, product managers and others will join the Twitter team to work on several projects. They also said that the acquisition will not really change anything at the moment, but the minute there is a change, they will let their users know. They said, "Posterous Spaces will remain up and running without disruption. We’ll give users ample notice if we make any changes to the service. For users who would like to back up their content or move to another service, we’ll share clear instructions for doing so in the coming weeks." How much Twitter bought Posterous for has not been reported, yet.
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Source:-Tech2
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