Google acquires Twitter's Fabric
Another interesting corporate acquisition has just been announced, Twitter's mobile app developer platform Fabric joining Google. Launched back in 2014, Fabric "has evolved from a suite of tools for mobile developers to a powerful platform that helps entire teams build better apps, understand their users, and grow their business," currently reaching 2.5 billion active mobile devices.
Twitter has been struggling to get into better shape lately, thus cutting all non-essential divisions. Google acquires an entire ecosystem involving 580,000 developers and the ability to reach the impressive amount of active mobile devices mentioned above (and the users behind them) in new ways. The most important part is that, according to Fabric's official blog post about the acquisition, "Google will begin providing Fabric, Crashlytics, Answers, and associated beta products" once the deal is complete and developers would not be forced to do anything to handle the transition.
The financial terms of the deal are not public, but we might hear more about it in the coming months, so stay tuned.