Twitter buys Vancouver's Summify social news aggregator

Every day, I get a must-scan email from Summify in my inbox. This personalized e-newsletter tells me what news is trending among the people and organizations I follow on Twitter.

It turns out this is useful stuff to Twitter itself. The San Francisco-based social-networking heavyweight is now acquiring the Vancouver tech startup.

Summify Joins The Flock At Twitter! smf.is/8zmXl

— Summify (@summify) January 19, 2012

On its company blog today (January 19), Summify announced the news and described its recent past:

Roughly 2 years ago, we moved from Romania to Vancouver after being accepted into Bootup Labs, an awesome startup incubator. It has been an incredible journey, with lots of highs, a few lows, and many product iterations. In March 2011 we launched our email summary product and we’ve been blown away by the response ever since. Many of our users tell us we found a magical solution to a truly unsolved problem.

Our long-term vision at Summify has always been to connect people with the most relevant news for them, in the most time efficient manner. As hundreds of millions of people worldwide are signing up and consuming Twitter, we realized it’s the best platform to execute our vision at a truly global scale. Since Twitter shared this vision with us, joining the company made perfect sense.

Summify's acquisition follows CNN's purchase of Vancouver's Zite, the developer of an iPad news app, last summer.

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