Affle acquires Appstudioz, sets up its global R&D centre in India

Aug 30 2014, 14:36 IST
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SummaryAppstudioz has become a fully owned subsidiary of Affle Holdings Private Limited in Singapore.

Affle, a mobile apps and ads as a service (MAAS) company, has acquired India-based mobile technology company Appstudioz. Set up in 2011, the Appstudioz platform has grown rapidly to help deliver a robust mobile application platform which is already being used by over 400 customers globally.

Through this acquisition, Appstudioz has now merged with Affle’s Media Lab business and has become a fully owned subsidiary of Affle Holdings Private Limited in Singapore.

“Over the last 8 years Affle has been focused on building next generation technology platforms to cater to the mobile industry. We saw challenges and complications within the current eco-system which required advertisers to work with multiple partners for development, attribution, analytics, media procurement & monetisation. We have thus unified our platforms to create the industry first end-to-end mobile marketing platform catering to advertisers, publishers and agencies,” said Anuj Khanna Sohum, Founder, CEO and Chairman, Affle.

Along with this, Affle also announced the setup of a significant R&D facility in India to help strengthen its mobile app & ad technology platform. The Affle R&D centre in India is already over 200 member strong and is expected to grow significantly in months to come with new platform modules being rolled out.

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