Buddy Media Makes Large Acquisition

“Buddy Media, a New York based Facebook application development company, has announced their acquisition of ChipIn, Inc. Previous rumors had surfaced that Carnet Williams, CEO of ChipIn, Inc., was accepting offers from a number of application firms. The combined network owned by ChipIn, Inc. accounts for over 150 million monthly unique visitors. With this move, Buddy Media has officially become one of the leading application developers for Facebook.”