Rewards platform company Perk will acquire app tools company Corona Labs for $2.3 million, in a move to provide “an out of the box monetisation solution and rewards programme”.

Corona allows developers to create cross-platform apps, games and ebooks for iOS, Android, Kindle Fire and Nook.

It claims to have a community of 300,000 developers (the same figure it reported in 2014, according to TechCrunch) and said apps created via its platform have been downloaded more than 60 million times within the last year, reaching over 4 million users daily.

According to Perk’s CEO, Ted Hastings, “We can now integrate our rewards model and monetisation solution into the Corona platform to make it part of the infrastructure from day one of a new app launch”.

“After proving the model across our owned and operated properties, the next step in our journey was to launch our Perk Platform to the millions of apps and websites that are looking for improvements in the key metrics our rewards engine powers,” he said.

He added that Perk’s search to accelerate the adoption of its rewards model culminated with the acquisition of both SuperRewards, a direct payments solution for developers, and now Corona.

Perk will pay $1.5 million on closing of the transaction and an additional $0.8 million over the next 12 months. Corona employs 12 people in Palo Alto, California.

The transaction is expected to be completed imminently.