February 9th, 2009
FreeRange acquired by Kansas City’s Handmark
Portland-based FreeRange—one of the leaders of the Portland mobile scene with customers like the Blazers, paidContent, and The Wall Street Journal—has been acquired by Handmark, a mobile entertainment company headquartered in Kansas City, MO.
Last year, I wrote:
If any company is the “founding father” of the burgeoning Portland mobile scene, FreeRange is it. With customers like the Wall Street Journal and the Portland Trail Blazers—and one of the most impressive mobile feed readers on the market—FreeRange is sure to keep Portland associated with mobile apps for a long time to come.
Oopie. Allow me to rephrase that. “Handmark is sure to keep Portland….”
According to the release, FreeRange is a “strategic addition” for Handmark, which has been recognized for its “mobile development expertise and management of a variety of desktop and on-device mobile stores full of the industry’s best games, applications and ringtones.”
“This is an exciting turning point for our company and we are proud to become part of the Handmark organization,” said Jon Maroney, FreeRange CEO. “Handmark has built a large network of happy customers across a wide range of mobile devices. This offers a great opportunity for FreeRange partners to expand their reach, adding tremendous value to content delivered via our publishing platform.”
Financial terms of the deal were not disclosed.
For more information on the acquisition, see the FreeRange blog.
(Hat tip Jason Grigsby)