Galaxy Z Flip 4 Preorder Quest 2: Still the Best Student Internet Discounts Best 55-Inch TV Galaxy Z Fold 4 Preorder Nintendo Switch OLED Review Foldable iPhone? 41% Off 43-Inch Amazon Fire TV
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Twitter considering acquisition of Sense Networks?

Microblogging site could use the geolocation startup to power its local targeted ads effort, TechCrunch reports.

Twitter is kicking the tires on geolocation startup Sense Networks, according to a TechCrunch report stamped "rumor" in the headline.

The acquisition, which would be Twitter's sixth of the year, is expected to be completed this month, according to a "good source." No estimated price or terms were revealed or suggested.

New York-based Sense Networks emerged from stealth mode in 2008 with the release of an "experimental" offering called CitySense, an urban-navigation product that put a new spin on location-based mobile networking. The company mines its database of location-based information to create both consumer- and enterprise-oriented products.

TechCrunch suggested the acquisition of Sense Networks, which is backed by Intel Capital, Javelin Venture Partners, and investors from the hedge fund community, could help Twitter monetize local targeted ads.

Twitter representatives declined to comment on the report.