Phunware Posts

Phunware Buys TapIt For $23 Million

Phunware is an enterprise mobile application infrastructure company that has acquired TapIt Media Group.  Phunware acquired TapIt for a total of $23 million.  The acquisition was closed officially on December 28th.  The transaction was already agreed upon by the board of directors at both companies.  Phunware will assume all of TapIt’s facilities and employees in Irvine, California and Rockville, Maryland once the deal closes.

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