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Merger amp; AcquisitionReportTwitter

Is Twitter To Be Acquired Soon?

After Yahoo, is it time for Twitter? Is twitter ready to pack its bags and give over its reigns to someone else? Is it time for Twitter to bid adieu?

According to CNN report that have been going on in the industry rumour mill for quite sometime, and now it seems, Twitter, just like Yahoo, has finally managed to find itself a buyer.

Apparently, Twitter investors Los Angeles Clippers owner Steve Ballmer and Saudi Prince Alwaleed Bin Talal are in talks to come together to save the sinking ship of the 140 characters social networking platform.

Prince Alwaleed owns about 5% of Twitter. This is only less than Evan Williams, a Twitter co-founder and CEO of Medium, a popular blogging service.

Ballmer, on the other hand, has a 4% stake in the country, which be bought and announced fashionably on Twitter through a tweet last year.

Though Twitter hasn't said anything about the Ballmer- Alwaleed deal, many analysts are predicting all these rumours as work of a bunch of bored traders.

According to experts, one of the best options that Twitter has right now for survival is to sell out - either by going private and distancing itself from the constant focus of the Wall Street on user growth, or by becoming a part of a larger public company.

Well, if Twitter does sell out, it won't be the first social media company deciding to do so. Earlier this year, LinkedIn's stock plummeted nearly half of its value in one single day causing the professional networking platform to take the tough decision to sell out to tech giant Microsoft in June.

In fact, prior to the Ballmer-Alwaleed takeover rumours, there have been a couple of more Twitter merger rumours circling the rumour mill. Till a few months ago, there were talks about how influential Silicon Valley investors Marc Andreessen and Silver Lake Partners were interested in buying Twitter and have even made a bid.

Further, the rumours of Google's parent company, Alphabet, wanting to buy the little blue birdie never go out of the window. Maybe, because former Google executive Omid Kordestani is now Twitter's chairman.

Even though Twitter is loved by journalists, celebrities and politicians, it is the common masses that the social networking platform is finding hard to connect with and get on the platform.

Currently, Facebook and Snapchat are the toast of the town both for users as well as advertisers.

So, maybe, after all, it will make sense for Twitter and Square CEO Jack Dorsey to take the sell out route for Twitter and concentrate fully on Square, a mobile payments startup that is currently doing great on the Wall Street.

[Top Image - PiXXart / Shutterstock.com]

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