Twitter Acquires Gnip

Twitter and Gnip announced a partnership in 2010 that provided the "firehose" of data to clients, helping to generate revenue from the information created by Twitter's user base.


"We want to make our data even more accessible, and the best way to do that is to work directly with our customers to get a better understanding of their needs. To that end, we have agreed to acquire Gnip, a leading provider of social data and a long-standing Twitter data partner," Twitter wrote at its blog.

Gnip was founded in 2008 and claims to be Twitter's first data partner. It works with a variety of clients including Tumblr, WordPress and Foursquare. It also provides Twitter data to the Library of Congress.

"Every day Twitter users share and discuss their interests and what’s happening in the world. These public Tweets can reveal a wide variety of insights — so much so that academic institutions, journalists, marketers, brands, politicians and developers regularly use aggregated Twitter data to spot trends, analyze sentiment, find breaking news, connect with customers and much more", the compani said.