Blogging and sharing company Posterous has announced via its company blog that it has been snagged by Twitter in an apparent ‘acqui-hire’, with Twitter interested mostly in the people, not the product. Various Posterous engineers, product managers and more will join the Twitter team and the existing ‘Spaces’ that users have will remain up and running for now.
Twitter says that it will give users ‘ample notice’ if it is going to make any changes to the service.
In its own announcement, Twitter says that its acquisitions of ‘people and technology’ have enabled it to make the service better. Likely going to see the service being shut off after a little while. Twitter states that if users would like to back up their content or move it, that they will share ‘clear instructions’ on how to do so within the coming weeks.
The team at Posterous is indubitably talented. Posterous founder Sachin Agarwal is a former member of the Final Cut Pro team at Apple, where he worked on the product for 6 years before leaving to form Posterous.
Today’s acquisition brings in the biggest ‘new hire’ class at Twitter yet, with over 36 people joining the company.
Agarwal says that “the opportunities in front of Twitter are exciting, and we couldn’t be happier about bringing our team’s expertise to a product that reaches hundreds of millions of users around the globe.”
He also emphasizes that Posterous Spaces will remain up and running “without disruption” and that notice will be given to current customers if any changes are made.
Agarwal adds a note to the users of Posterous, especially those that have been with the service for a long time. “The last four years have been an amazing journey. Your encouragement, praise and criticism have made us better. Thanks for that. We look forward to building great things for you over at Twitter.”
Twitter has followed up with its own post about the acquisition, emphasizing that its acquisition is very much about the people behind Posterous:
Today we are welcoming a very talented group from Posterous to Twitter. This team has built an innovative product that makes sharing across the web and mobile devices simple—a goal we share. Posterous engineers, product managers and others will join our teams working on several key initiatives that will make Twitter even better.