From CNET: Twitter spent $86.6 million earlier this year to acquire live-streaming app Periscope and social media startup Niche, according to a regulatory filing Monday.
The micro-blogging company's filing with the US Securities and Exchange commission did not itemize the selling price of each company, but it's a safe bet that Periscope commanded the higher price tag. People familiar with the Niche acquisition told Recode in February that Twitter paid around $30 million for the social media startup.
Twitter declined a request to elaborate on Periscope's purchase price.
Twitter announced in February it would acquire Niche, the small New York-based startup that connects social media stars with brands in order to create sponsored content. About a month later, Twitter announced it was acquiring Periscope, an app that lets users stream and edit live video.
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