Airborne Mobile Lays Off 27 Percent Of Its Staff; Breaks Off From Japanese Owners
Jul 11, 2008 5:59 PM
Montreal-based Airborne Mobile, which was purchased by Japanese-based Cybird for more than $90 million in 2005, confirmed today that it has restructured the company, which includes a management buy-out, layoffs and the elimination of some of its divisions. In a letter sent to business partners, the company’s co-founders wrote that…
Posted In: Advertising, Entertainment, Games, Music, Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, airborne mobile
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