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Japan's Cybird Buys Mobile Entertainment Firm Airborne for $90 Million

Authored by Mark Hefflinger on June 22, 2005 - 8:29am.
Montreal -- Canadian mobile entertainment publisher Airborne Entertainment announced on Wednesday that it has agreed to be acquired by Japan's Cybird, a provider of mobile content services, for about $90 million. Founded in 2000, Montreal-based Airborne has produced mobile games based on licenses from MAXIM Magazine, Fox, Donald Trump and others; Cybird has created mobile content sites for NTT DoCoMo, au and Vodafone that count a combined 3.6 million subscribers. Cybird said it would benefit from Airborne's content library and distribution deals with North American wireless carriers, while Airborne will gain greater access for its products in the lucrative Asian wireless market. Airborne will become a subsidiary of Cybird and maintain its current management team.
tags: Japan | Airborne | Mobile Entertainment | Cybird |