Buddy Media Acquires Five Popular Facebook Apps
Buddy Media has all the reason to steal the limelight. The Facebook application development company has acquired five Facebook applications and thus is creating buzz all over the Internet. After all the hype behind the Crushes, Buddy Media is all set to rock the social networking industry with the acquisition of five popular Facebook applications. Buddy Media has acquired the ingenious Facebook applications from ChipIn Inc. Combined, the applications have been installed by 5.6 million Facebook users and generate more than 5 million page views a day. The acquired applications are a series of popular Facebook applications based on a “Versus” franchise. In the applications, users join one side (Vampires vs. Werewolves, Pirates vs. Ninjas, Skiers vs. Snowboarders, Santa vs. The Grinch, Cops vs. Robbers) and create armies and battle each other to win virtual gold coins. The applications are currently generating significant cash flow through several third-party networks. Buddy Media aims at generating premium CPMs from the applications by selling the advertising and sponsorship inventory directly.
Writer: Darren Jamieson
Posted: January 3rd, 2008 below Social networks, Acquisitions.
Comments: inga







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