Terms of the deal weren’t disclosed, but it was faciliated by MobUI fundraising, led by GlobalNET Mobile Solutions, a major wireless appliation services provider in Latin Ameria.
MobUI wants to use Action Engine’s application development technology to expand beyond iPhone and mobile Web apps to support downloadable, native mobile applications, according to the release. It said it has contracts with three major consumer brands whose names will be disclosed when their applications are released.
“By uniting our team of mobile development experts with Action Engine’s proven mobile application technology and top tier customer list, MobUI has assembled the tools necessary to get today’s top consumer brands into the mobile market fast. We are here to build the mobile experiences that consumers desire in the time frames the top content companies demand,” John Burry, MobUI’s founder and chief executive, said in the release.