Building on a business partnership to develop children’s apps initiated last September, Random House has acquired Seattle-based digital media agency Smashing Ideas in a deal that closed May 2. Terms were not disclosed. The company says it “signals the intention of Random House and its parent company to be leaders in digital content creation, and demonstrates their commitment to expanding revenues from mobile and interactive online products and services.” Smashing Ideas will “continue to operate independently” from Seattle and another office in the UK, “primarily focusing on its current and future client businesses.” With respect to Random House, the unit […]
