In a quick turnaround that appears to be happening more frequently with business acquisitions Posterous has been acquired by Twitter.
Less than three weeks ago Posterous in an open letter stated it had absolutely no plans to sell and were not going anywhere. Today, Twitter placed a notice to say they are the new owners and that the service will continue. However, we would suggest you move your personal blog as soon as is possible. As is usual with these new acquisitions, the aims appear to be to steal the staff expertise, and demolish a potential rival at the same time. Facebook’s announcement of Gowalla’s demise should have you running scared.
Blogging and sharing company Posterous has announced via its company blog that it has been snagged by Twitter in an apparent ‘acqui-hire’, with Twitter interested mostly in the people, not the product. Various Posterous engineers, product managers and more will join the Twitter team and the existing ‘Spaces’ that users have will remain up and running for now.
Twitter says that it will give users ‘ample notice’ if it is going to make any changes to the service. We’ll take them at their word on this one, but if I was someone running a personal blog on Posterous, I would think about finding another place to host it soon.