BARCELONA — MobileCashout, the affiliate network focusing on monetizing mobile traffic, today announced that it has acquired Espabit, the global provider of innovative HTML5, Android and iOS mobile products.
The two companies are now merged under the MobileCashout brand and all of Espabit's mobile products have now been integrated into the existing MobileCashout offering.
Both company teams will remain intact continuing to develop leading mobile offers and mobile traffic monetization. The merger has created a workforce of 35 people with offices in Barcelona, Dublin and Valencia, Spain.
Product development will be carried out in Valencia; business development and marketing will be centered at the Barcelona office while administration will be provided by the Dublin team.
Oliver Crane, business development director at MobileCashout, said, “We have been working closely together with Espabit for the last 2½ years utilising their industry renowned and commercially successful offers with the MobileCashout platform. Due to our strong working relationship it has been a smooth merger and we can now look forward to focussing all activity on one brand — MobileCashout.”
Former owners of Espabit and now MobileCashout's Co-Managing Directors Fran Plasencia and Juanjo Payá added, “MobileCashout's platform and its highly respected industry profile is the perfect union for our technology and varied product portfolio.
“The merger will streamline our workflow and allow us to collectively grow market share,” they said in a statement. “RWCash, Espabit's affiliation platform, is now closed and our team is available to help partners migrate to MobileCashout.”
MobileCashout's range of exclusive, compelling adult and mainstream offers enables the company to convert and monetize mobile traffic for both localized and global markets.
The company's verticals include adult, gaming, antivirus, utilities, streaming, sport, music, TV series, funny videos, emojis, horoscopes, cookery and kid's games.