InMobi confirms MMTG Labs acquisition

Mobile advertising network InMobi has confirmed it has acquired MMTG Labs, the company behind AppBistro and AppGalleries.

First reported last week by TechCrunch, AppBistro is an directory and marketplace for Facebook pages apps. AppGalleries is a white-label app store and app distribution platform that allows mobile website owners to create their own branded app stores, and show ads on their sites for relevant mobile apps.

According to a company representative, the reason for the acquisition was “to improve the mobile user experience by making app discovery easier.

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