
Social networking company myYearbook this morning announced it has acquired five new Android apps to support its mobile strategy and grow its team. In addition, the company acquired FlockEngine, which powers multiplayer games on Android phones.
The acquisitions include Toss It, Tic Tac Toe (both of which are among the top 30 most downloaded free Android games), Minesweeper, SpringDroid, and Line of 4.
As a result of the acquisitions, Chris Hager of Austria-based FlockEngine and James O’Brien of UK-based SpringDroid join myYearbook.
myYearbook made the moves to advance its mobile social network, which is focused on meeting new people. The company’s mobile applications, which it says are downloaded more than 25,000 times per day, are monetized through advertising and its proprietary virtual currency.
The acquisitions expand on the company’s launch earlier this year of a Web-based gaming platform pairing live video chat with synchronous games and follow in the footsteps of significant additions to its mobile ad sales team and development team.
MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (NYSE MKT: MEET). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. With 60% of traffic coming from mobile, MeetMe is fast becoming the social gathering place for the mobile generation. The company operates MeetMe.com and MeetMe apps on iPhone, iPad, and Android in English, Spanish and Portuguese.
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