Posts Tagged ‘Oneforty’

That was quick: Twitter, Oneforty talking acquisition?

Wednesday, October 7th, 2009

TechCrunch posts an uncomfirmed, “PURELY speculative” — note the all caps, that’s seriously speculative — rumor that Twitter is talking to Cambridge-based Oneforty about buying it.

The blog lists a few reasons: Twitter’s recent funding, and the obvious overlap. Buying Oneforty would save Twitter the effort of building its own app store.

Maybe most importantly TechCrunch notes that by acquiring Oneforty, Twitter would be buying itself a business plan, or at least part of one.

That would mean a pretty quick exit for media consultant Laura Fitton who founded OneForty earlier this year.

In a four-minute-old tweet, Fitton seems to be giving an Oscar speech — thanking people like Chris Brogan who believed in her early on, etc. Clearly she sold the company, or happened to feel like expressing spontaneous gratitude for no reason. It could be anything, really.

Finance Roundup: Raytheon x 2; Oneforty, Tangoe

Monday, June 29th, 2009

netsi062909Somebody forgot to tell Raytheon about the recession. The Waltham-based defense contractor brought in about $46 million in two deals in today’s Finance Roundup.

• Raytheon radar upgrades pull in $36M

Under the deal, a Foreign Military Sales contract for the State of Kuwait, Raytheon (NYSE: RTN) will upgrade the country’s Patriot missile radar systems to Configuration-3, providing depot test equipment, training and technical services. 

• Naval radar deal nets $10M for Raytheon

Raytheon IDS will perform concept studies for the Air and Missile Defense Radar S-Band (AMDR-S) and Radar Suite Controller (RSC). 

• Techstars startup gets seed funds

Oneforty Inc. has secured about $250,000 in funding from a list of seven angel investors, founder Laura Fitton confirmed today. Oneforty is developing an application designed to integrate with Twitter Inc.’s online microblogging service, she said.

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