MobUI Buys Action Engine
MobUI, a Redmond, Wash.-based mobile applications development startup, has acquired Action Engine Corp., a Bellevue, Wash.-based mobile apps company that had raised over $60 million in VC funding. MobUI said that it was financing the deal via a capital infusion from undisclosed investors, but did not say if Action Engine backers would become shareholders in the new company. Action Engine had been funded by Baker Capital, OVP Venture Partners, Northwest Venture Associates and Spangler Ventures.
13 October 2008•3 mins read
