Google to acquire Twitter app platform Fabric

In a recent buzz it’s been reported that the tech giant Google is all set to acquire Twitter's mobile application developer platform ‘Fabric’. It is said that this move could give some breathing room for the social network after charting an independent path without a suitor. While, till now the terms of the deal are not yet announced. Twitter last year was in talks to sell itself with several firms including Google parent Alphabet, but without a deal decided to continue on an independent path, cutting jobs and refocusing on its core services.

The sale of Fabric will shift to Google the platform used by developers for mobile apps. To shed more light on this, the Fabric team in a blog post explained "When we launched Fabric in 2014, our goal was to provide the best tools to help developers create amazing apps. Today we enter the next chapter for Fabric and are pleased to announce that we've signed an agreement for Fabric to be acquired by Google and for our team to join Google's Developer Products Group, working with the Firebase team."

Google Firebase product manager Francis Ma said “buying Fabric will continue the great work that Twitter put into the platform," he further added "our missions align closely: help developers build better apps and grow their business." As we all know that Twitter from quite long is been in a reorganization phase as it seeks to hit profitability for the first time, and to increase user growth which has been stagnate in comparison with other social networks.