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Synopsis
Digital Turbine, a provider of growth solutions for the mobile ecosystem, and ONE Store, an alternative app marketplace in South Korea. Financial terms were not disclosed. "The app economy has been subject to high fees, rigid policies, limited consumer choice, and an overall lack of developer control over how to grow their business. This is more than just an app store expansion, it is an important step towards a fairer, more open mobile ecosystem where developers have the tools that they need in order to create a true alternative path for app growth. This acquisition will allow us to have a more scalable offering both to leverage the Digital Markets Act in the EU and our offerings in the US and Latin American markets," Bill Stone, Digital Turbine CEO.
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