MeetMe Rebrands To The Meet Group

MeetMe has completed the acquisition of If(we) social mobile technology and  changed its name from MeetMe to The Meet Group. The acquisition of  if(we) is expected to contribute $9 million during the first 12 months. It  will also enable the merged entity to generate nearly $50 million in adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) and $150 million in annualized revenues. The Meet Group will be the parent company of MeetMe, Skout, Tagged and Hi5.

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