20 Jan '12, 1pm

Bye Bye Summify:Twitter Acquires Social News Aggregator

Yesterday, Twitter announced that they are acquiring the Vancouver-based social new aggregator Summify. Summify, which was founded in late 2009 as ReadFu, summarizes the stories that are shared on the popular social networks and other news sites. Summify quickly sorts through the hundreds of stories that are shared across a user’s network, identifies the most important stories, and delivers a personalized digest to the user via email. Although the Summify founders Mircea Pasoi and Christian Strat originally founded the company in Romania, they moved Summify to Vancouver two years ago. A Twitter spokesperson told VentureBeat that the acquisition terms will require the five Summify founders and engineers join Twitter in San Francisco: “Cristian Strat and Mircea Pasoi have created a product that curates the best and most important stories in your Twitter timeline and Facebook...

Full article: http://www.searchenginejournal.com/twitter-acquires-summi...

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Twitter to Acquire News Aggregator Summify

Twitter to Acquire News Aggregator Summify

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