Twitter's Acquisition Talks Produced $8 Billion to $10 Billion Estimated Valuation

There are atleast three companies that are interested in Twitter: Microsoft, Google and Facebook. In an article, the Wall Street Journal says "Discussions with at least some potential suitors have produced an estimated valuation of $8 billion to $10 billion":Executives at both Facebook Inc. and Google Inc., among other companies, have held low-level talks with […]

There are atleast three companies that are interested in Twitter: Microsoft, Google and Facebook. In an article, the Wall Street Journal says "Discussions with at least some potential suitors have produced an estimated valuation of $8 billion to $10 billion":

Executives at both Facebook Inc. and Google Inc., among other companies, have held low-level talks with those at Twitter Inc. in recent months to explore the prospect of an acquisition of the messaging service, according to people familiar with the matter. The talks have so far gone nowhere, these people say.

But what's remarkable is the money that people familiar with the matter say frames the discussions with at least some potential suitors: an estimated valuation in the neighborhood of $8 billion to $10 billion.

Both Google and Facebook have discussed buying Twitter in the past and have kept their lines of communication open, people familiar with the matter said. One of these people said companies including Facebook and Google have expressed "latent interest" in an acquisition.

Despite the high valuations, Twitter's executives and board are continuing to work on building a large, independent company. People familiar with the situation said the company believes it can grow into a $100 billion company.

A Twitter spokesman declined to comment on its finances, valuations and interest by other companies. Google and Facebook also declined to comment.

[tags]social media,social networking,social network,wsj[/tags]

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