Report:
Twitter Mulling Acquisition of SoundCloud
Twitter may be considering what could be its biggest
Acquisition yet.
Peter Kafka at
Re/code reports that
Twitter is
Mulling a deal to buy SoundCloud, a popular online community for sharing and discovering music. The deal is described as being tentative, at best.
A rep for
SoundCloud declined to comment on the report.
Twitter could **t immediately be reached for comment.
See also:
The Beginner's Guide to SoundCloud
SoundCloud was founded in Berlin in 2007 and has more than 250 million users. The company has raised well over $100 million in funding and is reportedly valued at $700 million.
Twitter has shown an interest in the music space before, launching its own
Twitter Music app, which proved to be a
flop.
SoundCloud files already integrate into the social network through the use of
Twitter Cards.
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Twitter,
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