Julianne Pepitone of CNN Money reports, “The social TV space has been percolating for the past year or two, and its first big merger is here: startup GetGlue has been acquired by lesser-known Viggle. Viggle will buy GetGlue for $25 million in cash and about 48.3 million shares of the company’s publicly traded stock, worth around $53 million at Friday’s closing price. Viggle will run both brands and continue to employ GetGlue’s 34 employees. GetGlue founder and CEO Alex Iskold will take a senior executive position and a board seat at Viggle. Social TV software — also known as “second screen” apps or even the clunky phrase “simultaneous viewing” tools — taps into TV viewers’ use of mobile devices while they watch their favorite shows. More than a dozen startups have popped up to take advantage of the trend, with each platform taking a slightly different approach.” Read more