Google is acquiring Twitter’s suite of developer products as well as its Crashlytics crash reporting system, that it acquired in 2013 Techcrunch reports. The two companies are not sharing deal terms, but every member of Twitter’s Fabric team has been offered a job at Google.
But as Twitter tries to get into better financial shape, it’s cutting non-essential divisions. By passing the platform off to Google, it can remove the costs of running Fabric without screwing over its developers by suddenly shutting it down. Google will continue to operate Fabric and its related tools, and developers shouldn’t have to do anything to support the transition.
The Fabric team announced “Today we enter the next chapter for Fabric and are pleased to announce that we’ve signed an agreement for Fabric to be acquired by Google and for our team to join Google’s Developer Products Group, working with the Firebase team.” Google’s Firebase product manager Francis Ma writes, “Our missions align closely: help developers build better apps and grow their business.”
Crashlytics will become Firebase’s main crash reporting tool. Founded in 2011, Twitter acquired Crashlytics in 2013 for $38.2 million in common stock plus stock options that reportedly made the deal worth over $100 million. [Correction: We originally didn’t mention the stock options that boost the value of the Crashlytics deal.] After six years, co-founder Jeff Seibert will be stepping back from Crashlytics, which will now be led by Twitter’s VP of engineering, Rich Paret.