Twitter revealed in its earnings report that it spent a combined $86.6m to acquire William Morris Endeavor-backed Niche and Periscope earlier this year.
Social media network Twitter has revealed it paid a combined $86.6m for US-based Niche, which connects social media celebrities with brands, and live streaming app Periscope, Re/code reported on Monday.
Twitter acquired Niche in February this year, after the startup had raised $2.5m in series A funding from talent agency William Morris Endeavor, SoftTech. Lerer Ventures, SV Angel, Advancit Capital, Box Group and various angel investors in May 2014, It also secured $550,000 from angel investors in 2013.
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