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MERGERS AND ACQUISITIONS
Untitled Page Published: February 04, 2010 09:10 AM



BAT, Beelya ink deal, continued ...


Beelya’s current staple of virtual memorabilia includes more than 165 athletes such as Matt Hasselbeck, quarterback for the Seattle Seahawks, and Larry Fitzgerald, NFL Pro Bowl wide receiver for the Arizona Cardinals.

The sale of virtual goods in the U.S. is expected to reach $1.6 billion this year, with $835 million coming from social gaming, according to a January report by research firm Inside Network.

BAT was founded in 2007 by brothers Ryan and Chad Steelberg. The company provides advertisers from Fortune 500 companies, as well as regional and local firms, ease and affordability in launching ad campaigns featuring athletes and celebrities.

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