Handmark to buy FreeRange Communications in effort to expand offerings to include publishing platform.
Handmark announced Thursday plans to acquire FreeRange Communications, in a move to expand its mobile applications to include a publishing platform.
FreeRange, based in Portland, Ore., markets a mobile publishing platform that aims to allow media and content publishers the ability to create a branded channel on a mobile device.
With the acquisition, Handmark is also looking to add FreeRange's RSS Web reading capabilities to its mobile offerings.
Financial terms of the deal were not disclosed. The companies expect to complete the transaction in the coming weeks, following shareholder approvals.