In A Play For More HTML5 Muscle, Intel Buys appMobi’s HTML5 Developer Tools

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"Intel will not be left out of the party when it comes to being central in the mobile app ecosystem. The company today acquired a set of HTML5 development tools, originally created by appMobi and used by some 150,000 developers, and has hired staff from appMobi that worked on the product to continue to maintain it. appMobi, meanwhile, is going to forge ahead as a standalone company, focused on the remaining part of its business as a provider of cloud services for mobile applications. Financial terms of the deal were not disclosed."

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