Mobli Media Acquires Content-Sharing Platform Pheed [Interview]

Mobli [Left] and Pheed [Right]

Mobli Media, creator of the Mobli content sharing mobile app, has announced it has acquired fellow content sharing platform Pheed, in a cash and stock deal. The terms of the acquisition haven’t been disclosed, but Mobli has announced it will invest $10 million into the “remake” of the Pheed app, which will remain a stand-alone platform.

Mobli and Pheed both offer content-sharing social networks for their users on mobile devices. Mobli allows users to upload pictures, videos and live video broadcasts to the service.

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