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