Geek Co-Working Member KMDM gets Acquired
Geek Co-working member KMDM has recently been acquired by Mobiquity to help meet the large demand for mobile devices. Read the article below from BostInnovation.
“Fresh off a March launch and funding round of $5 million, Boston based Mobiquity is already seeing incredible demand for their mobile service offerings. Demand so high that they have just announced their second acquisition of a local mobile development company, Cambridge based KMDM. Mobiquity had previously acquired Providence, RI-based Cronk Software. Terms of the deal were not disclosed.
“Analysts say mobile computing will create a bigger and more profitable impact on businesses than the Internet through increased customer engagement, loyalty and higher employee productivity. And Mobiquity’s momentum to date is proving this out,” said Bill Seibel, CEO of Mobiquity. “Mobiquity’s strategy is to identify best-of-breed companies in the mobile space we can quickly roll-in to the company to continue meeting client demand for our services. We recognized KMDM as a mobile leader based on the strength and creativity of the work they’ve done for major brands in the market. Our vision for the future of mobile computing was similarly aligned. We’re delighted to welcome them to the Mobiquity team.”
KMDM is a leader in custom mobile applications and communications software development. Some of their clients include Putnam Investments, Savant, National Public Radio, Vgo Communications, LiveWire Mobile, and Constant Contact. The company’s team of engineers, project leaders and user experience gurus focuses on developing the Mobile, Wireless, Networking and Real-time systems, devices and software that make ubiquitous communication possible.
As a result of the acquisition KMDM’s CEO, David Micalizzi, will become Vice President, Client Services for Mobiquity; all other KMDM employees will become Mobiquity employees. Mobiquity now has offices in four locations: Wellesley, Mass., Cambridge, Mass., Philadelphia and Providence, RI; the fast-growing company has added more than 20 clients to its roster in just the last two months alone.”