<p>Phunware has acquired TapIt Media Group, a global independent mobile advertising company. Phunware purchased TapIt for a total purchase price of $23 million.</p><p>PRESS RELEASE</p><p>Phunware, the leader in enterprise branded mobile application infrastructure and experiences, today announced that it has acquired TapIt Media Group, a leading global independent mobile advertising company. Phunware purchased TapIt for a total purchase price of $23M and the acquisition closed formally on December 28th. The transaction was unanimously approved by the Boards of Directors for both companies and Phunware assumed all TapIt facilities and employees in both Irvine, California, and Rockville, Maryland, at closing.</p><p>aTapIt by Phunwarea</p><p><a href="http://www.pehub.com/179313/phunware-acquires-tapit-media-group/">Keep reading...</a></p><p>Read also:</p><p><a href="http://techcrunch.com/2013/01/02/phunware-acquires-mobile-advertising-company-tapit-media-group-for-23m/">Phunware Acquires Mobile Advertising Company TapIt Media Group For $ 23M</a> (TechCrunch)</p><p><a href="http://www.texastechpulse.com/phunware_buys_tapit_media_group/s-0046989.html">Phunware Buys TapIt Media Group</a> (Texas Tech Pulse)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d9cZfBMQ8fEkSNMgK9Y-wmwa5a68M&ned=us">12 additional articles.</a></p>