Photo: One Kendall Square
Twitter recently went on a startup shopping spree in Cambridge, MA. Actually, in one building: 1 Kendall Square.
Last week, it acquired Crashlytics and Xconomy pegs the price at more than $100 million in cash and stock, much higher than initial reports suggested.
(We find that a little hard to believe since it seems like a protective buy for Twitter, but local outlets are can be well sourced.)
If those pricing reports are accurate, then Twitter just dropped about $200 million all in one place and it now has about 75 employees in the same building.
Startups should scramble to get a spot in 1 Kendell Square. It seems like a lucky place to be.
Nice coincidence: Twitter’s two Cambridge acquisitions, Bluefin Labs & Crashlytics, are both in same Kendall Sq office complex (1 Kendall).
— Scott Kirsner (@ScottKirsner) February 5, 2013
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