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Wednesday, January 4, 2012

TWITTER BUYS MOBILE SECURITY COMPANY

➤ The social media company Twitter, which is increasingly attempting to court business customers and prove its value for advertisers, announced the purchase of mobile security company Whisper Systems. Based in the San Francisco Bay Area, Whisper Systems specializes in data security, network security, and encryption solutions for Android operating systems. The buyout will change Whisper Systems’ mission dramatically as it discontinues products and branches out into PC-level security development. Twitter will gain security features but it is unclear exactly how it will integrate Whisper Systems. Financial terms of the acquisition were not disclosed.

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