SEEKING ALPHA - Feb 19 - When social networks myYearbook and Quepasa merged in 2011, they gave themselves an appropriate brand name MeetMe. MeetMe has grown since the merger, but is still a small company with a market cap of $112.46M. Given its recent growth and outlook, it may be an attractive buyout target for Facebook or Google. Why? MeetMe provides a platform for meeting new people through social games and apps on Apple and Android smartphones and tablets. The company derives revenues through ads and virtual currency, with ~60% of traffic coming from mobile devices. In the last five years, revenue has grown 5300%. In two years - 2009 through 2011 - the company's revenues grew from $536K to $11.85M. Facebook is primarily about finding friends and interacting with them, and so is Google+. MeetMe, on the other hand, is more about new relationships and social discovery. It makes an attractive acquisition for either of the two players, as they could be interested in expanding their reach to social discovery. With a valuation in the range of only $110M, MeetMe is an easy buyout for the likes of Google and Facebook. Another company that would possibly be interested in MeetMe could be Microsoft if it plans to enter the social media space in a big way.