Monday, October 13, 2008
MobUI Acquires Action Engine, Raises Funding
Redmond-based MobUI Corporation announced today that it has acquired Action Engine Corporation, and raised a round of funding for the firm. According to MobUI, the round was led by GlobalNET Mobile Solutions. Financial terms of the acquisition and funding were not disclosed. MobUI says it is providing mobile application development, including applications for the iPhone, mobile web, and downloadable applications; the firm said the Action Engine acquisition will specifically go towards expanding its focus to the downloadable, native mobile application area.