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Action Engine Acquired by Startup

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Oct 13, 2008, 2:23 PM   by Eric M. Zeman

MobUI, a startup firm, has agreed to acquire all the assets of Action Engine for an undisclosed sum. Action Engine provides on-device software that speeds mobile Web navigation and discovery. MobUI's CEO is a former employee of Action Engine. The acquisition was financed by GlobalNET Mobile Solutions. Some of Action Engine's staff will be brought on by MobUI.

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