Adknowledge Expands Portfolio, Acquires Super Rewards


Last night Eric Eldon confirmed that Super Rewards, the offer-based virtual goods monetization platform, had been acquired by Adknowledge. Super Rewards, a direct competitor of Offerpal Media (both sponsors of this blog), has become one of the leading ad networks on the Facebook platform as well as other large social platforms like MySpace. According to Venturebeat the company could pull in close to $60 million in revenue this year, which wouldn’t be surprising considering Zynga, the largest Facebook app developer, is expected to bring in almost twice that.

While the relative “life time value” of affiliate offers has been debated, with Facebook’s continued growth, there are no signs that this area will be slowing anytime soon.

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