Purported deal to be worth over $50 million

Sungy Mobile Limited, a China-based company behind the popular Go for Android apps, is reported to be buying out GetJar, one of the first app stores for mobile devices.

Sources have told Gigaom that the purchase price is over $50 million dollars, and expected to be announced next week.  

Sungy Mobile is said to have realized the need to provide app discovery to their customers, which number upwards of 325 million, and absorbing GetJar — who has been doing apps and discovery since 2004 — is a great way to do it.

A quick look at the GetJar: Paid apps for free application in Google Play shows that Go for Android branding is already in place, so we're pretty sure these two companies have been talking to each other for quite a while.

There's no indication how, if at all, this will affect users of Go for Android apps. Signs point to a Go appstore, but it's possible they have other plans for their new GetJar purchase.

Source: Gigaom


Reader comments

Go for Android parent company may be set to acquire GetJar


I'm not surprised. They've been dealing with each other for a long time now. Even their themes which are "free with Go Launcher Prime" among other items can be bought with an IAP using GetJar credits. I've used Go Launcher since Android 2.2 and I hope this works out the way they want it to without affecting what's already in place.

People still go to getjar? lol
Major score for the owners to unload this old hog for 50m wow.