OwnLocal has acquired Wanderful Media, an advertising technology developer that had raised a total of more than $50m from 12 media companies.

Wanderful Media, a US-based deal finding platform backed by a host of media companies, was acquired by advertising technology producer OwnLocal for an undisclosed sum on Friday.

Founded in 2011, Wanderful opreates a platform called Find&Save that allows users to browse deals and coupons from local newspapers, retailers and other sources through Wanderful’s website and app.

A total of 10 Wanderful team members will retain their jobs, with some moving to OwnLocal’s headquarters in Texas and others staying in California to…