Adknowledge, the largest privately-held advertising network, announced today that it has obtained the advertising business of SocialMedia.com. The move strengthens Adknowledge’s position as the leading monetization platform for publishers of social apps and social games.

In the past two years, Adknowledge has made four acquisitions in the social media space. Cubics, an Adknowledge company, delivers more than 700 million banner impressions daily to consumers using Facebook, MySpace, and other social networking sites. Super Rewards, another Adknowledge company, is the leading virtual currency platform. Together, they deliver over 10% of total daily page impressions on Facebook.

SocialMedia.com has been a pioneer in social advertising since 2007, building a Facebook ad platform that has allowed app developers to manage, market, and monetize their inventory. By adding the ad network business of SocialMedia.com, Adknowledge is providing publishers with increased monetization opportunities.

For more information about how this acquisition can benefit your company, contact your account manager or info@srpoints.com

Read the official Press Release:

http://www.marketwire.com/press-release/Adknowledge-1079016.html

This entry was posted on Tuesday, November 24th, 2009 at 1:15 pm and is filed under Press Releases & Media Coverage, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.