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Posterous Acquired by Twitter

Posterous has just announced that they have been acquired by Twitter. Founder and CEO Sachin Agarwal made the announcement on the company blog, stating, “The opportunities in front of Twitter are exciting, and we couldn’t be happier about bringing our team’s expertise to a product that reaches hundreds of millions of users around the globe.”

The deal seems to be a talent acquisition, as engineers and managers are expected to join the Twitter team. Existing Posterous Spaces will remain online and uninterrupted for the time being, though in the “coming weeks” the company will be offering users a way to migrate their content to other services if they so chose. The company has also posted a helpful FAQ for users wondering about the future of their Posterous Spaces.

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