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This article was published on May 26, 2015

Twitter may be trying to buy Flipboard

Twitter may be trying to buy Flipboard
Nate Swanner
Story by

Nate Swanner

Former Reporter, TNW

TNW's former West Coast writer in the PNW (Portland, Oregon). Nate loves amplifying developers, and codes in Swift when he's not writing. If TNW's former West Coast writer in the PNW (Portland, Oregon). Nate loves amplifying developers, and codes in Swift when he's not writing. If you need to get in touch, Twitter is your best bet.

Twitter is reportedly in discussions to purchase Flipboard. Citing sources familiar with the matter, Re/Code is reporting Twitter wants to purchase Flipboard in an all-stock deal that would value Flipboard north of $1 billion.

The ongoing talks have been occuring since the beginning of the year, and spearheaded by Twitter CFO Anthony Noto.

Why Twitter might be interested in Flipboard is not known, but curation may be Twitter’s aim. Flipboard recently purchased Zite, a competing site with personalized curation tools. Flipboard’s advertising muscle is also something Twitter may be interested in.

When we reached out for a response to this report, a Twitter spokesperson would only say “We don’t comment on rumor or speculation.”

Twitter Has Held Talks to Acquire Flipboard [Re/Code]