Fremont-based Offerpal Media, a developer of virtual currency software for social games, said today that it has acquired Tapjoy, a developer of virtual goods and other monetization services for the Apple iPhone. Financial terms of the buy were not disclosed. Offerpal was venture backed by D.E. Shaw Ventures, InterWest Partners and North Bridge Venture Partners. Offerpal said it would use the acquisition to accelerate its expansion in the mobile market.
posted on Tuesday, March 23, 2010 Related stories: > Offerpal Gets $15M > Offerpal Media Hires RockYou's Mihir Shah > Tapjoy Acquires 5Rocks > Tapjoy Takes $30M More > Tapjoy Scores $21M silicontap.com Home