Mobile app maker MobUI acquires Action Engine to extend reach
MobUI Corp., a young mobile application developer, announced today that it has bought peer company Action Engine Corp. The latter has a software platform that streamlines the process of adapting one application to different handhelds and carriers, which could help MobUI scale. The cost of the acquisition hasn’t been released, and it’s unclear whether Action Engine executives cashed out or took equity in MobUI.
Bellevue, Wash.-based Action Engine had raised $65 million in venture capital before… Continue Reading
Action Engine raises $20M for media delivery to mobile phones
Action Engine, a Bellevue, Wash. developer of a platform that allows mobile operators to deliver music and video to Web-enabled mobile devices, has raised $20 million in a fifth round of funding.
Baker Capital led the round, which included Northwest Venture Associates and Spangler Group. Action Engine has now raised around $65 million in funding