Bloomberg Beta has exited online text highlighting tool developer Highly in an acquisition of undisclosed size by Twitter.

Social media platform Twitter has purchased Highly, a US-based online text highlighting software developer backed by media group Bloomberg, for an undisclosed amount.

Founded in 2014, Highly has built a platform that enables users to highlight and search sections of text from online news stories and blogs which can shared with friends and family through social media and messaging platforms.

The company’s paid products, such as Crowd Control and Highly for Teams, will henceforth be offered free to all users,…

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