myYearbook Bets Big On Android With Acquisition Of Five Apps, FlockEngine
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.