Mixbook Acquires Mobile Social Discovery App Company Yobongo

Mixbook has acquired Yobongo, a mobile social discovery app company. Mixbook is an online publishing company that creates customized photo-books, calendars, etc. Yobongo has tens of thousands of monthly active users that have set up private groups. The deal was made in cash-and-stock. Yobongo’s six employees will become a part of Mixbook’s mobile team. Three of the team members on Yobongo’s team previously worked at Scrapblog, which was also acquired by Mixbook. [AllThingsD]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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