ExactTarget Acquires Twitter CRM Tool CoTweet
CoTweet is a Twitter analytics tool that is used by many major brands such as Ford and JetBlue. ExactTarget has acquired CoTweet as part of a strategy to roll the software into their own business. ”By combining the power of ExactTarget and CoTweet (cotweet), we can provide businesses a complete solution to tie together all forms of interactive communications and drive deeper customer engagement online,” stated ExactTarget CEO Scott Dorsey.
ExactTarget is an e-mail marketing firm that earned about $114 million in revenue for 2009. CoTweet charges about $1,500 per month for their Twitter analytics service to clients. Below is a video about how the organizations will connect with each other. [Mashable]