By Wailin Wong | Chicago-based Appolicious Inc., a social networking Web site that reviews mobile phone applications, said it has acquired Orlando-based AppVee, which runs appvee.com and androidapps.com, both review sites for mobile applications. Financial terms of the deal were not disclosed.

The three sites will continue to run independently, although they will begin to share some content and features. AppVee founder Alex Ahlund, who started his business just weeks after Apple announced its App Store for the iPhone, will stay on as an advisor to Appolicious.

Appolicious Chief Executive, Alan Warms, said the acquisition will combine his site’s community-generated content with AppVee’s professional reviews, ensuring that consumers have an effective way to sort through the tens of thousands of applications now available for the iPhone and Android platforms. Warms said Apple’s unveiling of the iPad device last week will encourage even more activity in the developer community.

“The iPad announcement of last week puts a lot of fuel into the fire,” he said.