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There have been reports flying around Twitter and several prominent blogs that Twitter is making a move to acquire Summize, a popular Twitter search engine. In case this is the first you’re hearing about Summize, here’s a rundown of what it does. It can search Twitter for any string — most importantly, an @name — which makes it indispensable when Twitter’s tracking function is down. Second, it aggregates and lists the most popular search terms, so you can get a sense of the Twitter zeitgeist.

It’s too early to speculate about what effect the acquistion could have on Twitter itself, or how the resulting service would look with Summize’s features integrated. We do love the idea of combining two services we use every day, though. Basically, we’re keeping our fingers crossed that these rumors are true.

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