New York City based Slidejoy acquired by South Korean competitor Buzzvil.

New York City startup Slidejoy has been acquired by South Korean competitor Buzzvil. Both companies offer a way for Android users to earn rewards in exchange for allowing ads...

New York City startup Slidejoy has been acquired by South Korean competitor Buzzvil.

Both companies offer a way for Android users to earn rewards in exchange for allowing ads on their lockscreens — in Buzzvil’s case, that’s both through its HoneyScreen consumer app and through its BuzzScreen platform for publishers.

Slidejoy is an Android app that rewards users to have trending news and promotions appear on their lock screens.

 

 

 

The financial terms are not being disclosed, but Slidejoy co-founder and CEO Robert Seo told me that the deal involved both cash and stock. Post-acquisition, Seo will serve as CEO for Buzzvil’s subsidiary in the United States. As a combined company, Buzzvil says it will deliver 4 billion ad impressions each month.

 

more can be read at…https://techcrunch.com/2017/01/20/buzzvil-acquires-slidejoy/

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