InMobi Acquires Two more Companies - Metaflow and MMTG labs
InMobi, one of the poster-boys of the Indian startup scene has just acquired Metaflow, a UK based company that specializes in app management and distribution solutions. This is InMobi's second acquisition in the last few weeks, having acquired silicon-valley based MMTG labs earlier in July. With the addition of these two companies, InMobi has strengthened its product portfolio, with a solid offering in app management and distribution tools.
MMTG labs, the creator of appgalleries.com and App Bistro among other distribution products specializes in the creation of white-label app stores. These app stores can be hosted by anyone - Blogs, Review sites and really anyone else that is willing to put in the effort to curate and review apps. Content creators can use MMTG's solution to create customized app stores - with hand picked apps from the iTunes app store, Android, Facebook and HTML5 app stores - to create a one-stop shop for apps across all platforms with a unified frontend.
This is a fantastic move for InMobi. Last year, InMobi had acquired Sprout, the HTML5 / Rich-media authoring tool. With Sprout, InMobi has done a good job pushing into the premium, rich-media based mobile advertising market. With it's bold play with distribution solutions, InMobi has the chance to solve a big problem that app developers face. InMobi itself has been the constant source of acquisition rumours. With these additional tools in it's portfolio, InMobi has just made itself a far more attractive target for a big-ticket acquisition. In the meanwhile, InMobi continues to demonstrate strong growth in the mobile ad market, growing in developed markets and consolidating its position in the Asian and African markets.