The deal is real — Twitter has definitely acquired live video streaming startup Periscope. Confirmation came in the form of — you guessed it — a tweet:

Twitter retweeted that tweet — basically confirming that the deal is official.

“We have nothing else to share right now beyond @periscopeco’s Tweets, but stay tuned,” a Twitter spokeswoman told VentureBeat in an email.

Earlier this week VentureBeat wrote about reports suggesting that the deal was going down.

The deal comes as Twitter video app Meerkat has been getting plenty of buzz, all of which suggests there’s potential for making live video a big, fun part of Twitter.

Periscope Android engineer and former Twitter employee Sara Haider tweeted out today that she has found herself once again working for Twitter:

And even Twitter cofounder Jack Dorsey came out and said — on Twitter, of course — a few words about Periscope’s impact:

Kayvon Beykpour and Joe Bernstein started San Francisco-based Periscope in February 2014.

What comes next? A tweet provides a hint:

Terms of the deal were not officially disclosed in tweets.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member