InMobi, the largest independent mobile advertising network, today announced the acquisition of MMTG Labs, the experts behind AppGalleries and AppBistro, as part of its ongoing global expansion plans.

MMTG Labs drives mobile app downloads by enabling publishers to run their own branded app store as an extension to their mobile site, through the AppGalleries platform. Its Appbistro platform helps Facebook developers monetise and distribute their apps for Facebook brand pages through the Appbistro marketplace and single payment API.

Naveen Tewari, Founder and CEO at InMobi comments: ” MMTG Labs fits nicely in our overall strategy to continue to deliver best of breed technology and services to our developers and publisher partners. We are very excited to welcome the highly talented team from MMTG Labs to the InMobi family.”

“At MMTG Labs our mission is to help developers and brands increase downloads by giving publishers the tools to highlight applications that are highly contextual and relevant to their communities. By partnering with InMobi, we couldn’t have picked a better partner to help us quickly expand our presence globally”, said Ryan Merket, Founder and CEO at MMTG Labs.

The MMTG Labs team will relocate to the new InMobi San Francisco office.