Palo Alto, Calif. - Social Gaming Network (SGN), a developer of games for social media, said on Tuesday that it has acquired (fluff)Friends, a Facebook application that lets users adopt virtual pets and compete to earn virtual currency.

Financial terms of the deal were not disclosed.

Palo Alto, Calif.-based SGN raised a $15 million first round of funding in May, and last month announced an additional investment from Bezos Expeditions.

The company counts 54 million installs of its social media games, and 1.1 million daily active users across the various social networks.

Related Links:
http://snipurl.com/3qudr

http://sgn.com

http://www.new.facebook.com/apps/application.php?id=2219808235