Twitter to Buy Video Startup SnappyTV in Media Expansion

Twitter Inc. is buying video-editing startup SnappyTV to make it easier for television broadcasters and others to share videos of their shows and events on its microblogging service.

SnappyTV’s technology for editing and live clipping is already widely used by media companies that Twitter works with, the San Francisco-based company said in a blog post today. The deal will enable TV broadcasters, event producers and others to more efficiently edit, distribute and share video on Twitter, the company said. Terms of the deal weren’t disclosed.