Rumors say that Twitter plan to acquisit Tumblr with 20% stake

America technology blog BusinessInsider reports, according to informed sources, Twitter co-founder Jack West plans to buy light blog Tumblr, or merge with it, and plan to sell 20% Twitter shares to complete this transaction.

Informed sources said, the two sides have taken negotiations.

But the other three people denied the rumor. and BusinessInsider also considers that the two were less likely to merge, at least Tumblr won't accept this price. The current Tumblr grew rapidly, so the company founder David Karp were less likely to choose at this time agree.

But the two merger rumors are unfounded. Karp recently around the world on business, but also spent time with the Twitter executives talking. According to informed sources, Karp and West in Germany 's DLD Conference for several hours.

In addition, Karp last week met at the Twitter San Francisco headquarters for very long time. Informed sources said, he was going to Twitter CEO Dick Costello who held an executive training course, Foursquare CEO Denis Rowley and other business executives were also involved.

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