San Francisco - Adknowledge, the operator of a behavioral targeting online ad network, announced that it has acquired Cubics, the developer of an online ad network for the Facebook developer community.

Financial terms of the transaction were not disclosed.

Cubics says it now represents the ad inventory for over 500 Facebook application developers; the company recently added support for Friendster, and plans to add Bebo in the coming weeks.

San Francisco-based Adknowledge said the deal will provide entry into the social media space.

Related Links:
http://www.adknowledge.com/press120607.php

http://www.cubics.com