Spotlight: Intel continues mobile push with appMobi buy
Intel (NASDAQ: INTC) is boosting its presence in the mobile application developers market with the purchase of appMobi's HTML5 developer tools and hired away from appMobi, according to a report by TechCrunch. Intel acquired app creation and testing tools that include mobile web, Windows 8 and Windows Phone 8, iOS, and Android--for an undisclosed consideration. AppMobi, which has raised $8.1 million in venture capital so far, may be focusing its efforts on its cloud business. For Intel, the acquisition is seen as part of its strategy to become a bigger player in the mobile market. Read more.