It was a bit of a shock earlier this month when TwitPic announced it would be closing its virtual doors on September 25th. All seemed lost, but now a ray of sunshine has burst through the gloomy image hosting clouds. TwitPic is being acquired by an unnamed party and will live on. Crisis averted.
We're happy to announce we've been acquired and Twitpic will live on! We will post more details as we can disclose them
— TwitPic (@TwitPic) September 18, 2014