This evening LifeStreet Media has announced the acquisition of Social Cash’s ad network business, one of the leading monetization providers for application developers. In an effort build up the company’s position as “the largest social media ad network”, the company has decided to acquire all the assets of SocialCash. Given that it’s an asset acquisition, Social Cash will continue to operate as an independent company as they ramp up for a new product offering later this year.
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LifeStreet Media Acquires Ad Network Business From Social Cash
Posted by Nick O'Neill on February 26th, 2010 1:55 AM
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Smart move by Rob. I’d want to sell Socialcash if I was him, too.
Comment by unsurprised — February 26, 2010 @ 12:23 pm