The Forbes.ru publication,
citing The Wall Street Journal,
announces the purchase by Twitter of
Periscope , a startup developing an application for viewing and streaming video.
The amount of the transaction, according to Periscope, was a little less than $ 100 million. Most of the amount was paid in cash, the rest - with Twitter securities. This transaction makes the absorption of the most expensive of all made by the social network Twitter.
This is the second Twitter project focused on working with video - before that, Twitter independently launched start-up
Meerkat , which allows Twitter account owners to integrate streaming video into their own posts on a social network.