Youth App Maker TabTale Buys Kids Games Club For $3-4M, Preps New Buying Club Model

The market for children's and educational apps continues to grow -- evidenced by Apple last week announcing 1 billion downloads of educational apps from iTunes U -- and that growth is leading to both consolidation and new business models. In one of the latest developments, TabTale, a publisher of children's and family apps, has bought Kids Games Club, maker of apps like "Paint Sparkles" (a favorite of my kids), in a deal that TechCrunch understands was in the region $3 million - $4 million. Together, the two Israel-based companies have produced nearly 200 apps, covering close to 100 million downloads. That makes it one of the bigger publishers of youth/family apps around, says TabTale CEO Sagi Schliesser.]]>

View the Original article

Posted in: $3-4M,Buying,Games,Maker,Model,Preps,TabTale,Youth