RSS feed monetisation player Mediafed is acquiring news reader app company Taptu, in a deal it said will “create the first global platform to monetise RSS across all digital devices”.

Mediafed claims to be “the first company to build a significant business around RSS”, monetising news feeds to 125 million consumers from more than 1,200 publishers worldwide. It said that it “firmly believes Taptu will accelerate growth in the mobile consumer market and bring a profitable advertising ecosystem to mobile publishing”.

Taptu’s app is available on phones and tablets in more than 100 countries, across iOS, Android, BlackBerry, Samsung and mobile web platforms. Mediafed said it more than doubled its mobile user base in the past three months from 20 million to 50 million visitors, and the platform is “already generating revenue in 55 countries worldwide”.

In a statement, it was said that “Taptu users will still be able to enjoy Taptu’s mobile and Web apps, as product innovation and new features continue to be implemented down the road”. Taptu itself said that it is “busy creating localised versions in Chinese, Portuguese and Russian to add to our most recent translations for French, German, Spanish, and Japanese”.

Financial terms were not disclosed.