Twitter is understood to have spent nearly US$50m to acquire TenXer, a platform that improves how developers and engineers work together.
TenXer particularly deals with companies that are scaling up fast, providing them with the means to simultaneously manage engineers and at the same time turn engineers into better managers.
It gathers up data from GitHub, Pivotal and JIRA to provide statistics and insights to help managers be effective and their teams more productive.
TenXer’s founder and CEO Jeff Ma told users that the TenXer team will be joining Twitter where the technology will be solely applied to the social network’s developer and engineering teams.
TenXer’s service to the outer world will become available at the end of this week with refunds going to paying customers.
Prior to the acquisition TenXer had raised US$5m from investors that include True Ventures, Google Ventures and Khosla.
Project management image via Shutterstock