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Disney Buys Chinese Mobile Content Provider Enorbus; For Around $20 Million

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Disney has bought Chinese mobile gaming company Enorbus, for around $20 million, MocoNews.net has learned.  Financial backers in the company included Carlyle and Qualcomm Ventures. We will have more in a bit.
This is the second mobile content related acquisition the company has done in China in a few months. It bought Chinese mobile content and marketing firm Mobile2win (M2W) last August.
Update: Rumors about talks between Disney and Beijing-based Enorbus swirled last fall just after the Mobile2win acquisition; according to a Disney spokesperson, the deal went through earlier this year. The formal statement now (no mention of money, of course): “Walt Disney Internet Group (WDIG) acquired Enorbus, a software developer with operations in China. The acquisition further demonstrates the company’s commitment to expanding its global presence and in providing compelling entertainment anywhere and anytime.  It also will provide a solid foundation for continuing to grow WDIG’s mobile content business around the world.”
Related: Disney Buys Out M2W, China Arm Of Mobile2win

Mar 19, 2007 11:20 AM ET

Posted In: Entertainment, Games, Money, M&A & Venture Capital, Exclusive, Countries, Asia, China

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