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Twitter Buys Messaging Startup ZipDial, Expands in India

Twitter confirmed its acquisition of ZipDial, an Indian startup that effectively works as a messaging service. TechCrunch had previously reported that Twitter was in talks to buy the company for an estimated $30 million to $40 million. “This acquisition significantly increases our investment in India, one of the countries where we’re seeing great growth, and also brings us a new engineering office in Bangalore,” Twitter product VP Christian Oestlien wrote in a blog post announcing the deal.

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