MobUI Acquires Action Engine, Raises Funds

MobUI, a Redmond, WA, developer of mobile applications, announced it has acquired mobile application platform firm Action Engine of Bellevue, WA, and raised an undisclosed amount of new funds. MobUI says the new financing—led by South American wireless application service provider GlobalNET Mobile Solutions—will help the firm develop applications for the iPhone, mobile Web, and major consumer brands. The firm did not disclose terms of the Action Engine buyout.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.