A popular MX Player application was acquired by the Indian media company Times Internet

Most Android users are familiar with MX Player. This is one of the most rated applications for playing video in the Play Store with downloads from 100 to 500 million. According to the resource of The Ken , the application was bought by a large Indian media company Times Internet for $ 200 million.

MX Player was developed by J2 Interactive, of which little is known. And while neither the official site, nor the group on the XDA forum has not confirmed the deal. Video player is very popular. He was in the top 2 paid applications in the category "Video and Editors" and in the top 18 free applications of the same category. According to The Ken, Times Internet is going to gain a foothold in the video streaming market and so has acquired a mobile application. Let's hope that MX Player will become even better from this.

Source: AndroidPolice