Airborne Mobile

Airborne Mobile Raises $2 Million After Conducting A Buy-Out From Japanese Owners

Jan 12, 2009 12:39 PM

Montreal-based Airborne Mobile, a mobile media company, has raised $2 million in funding from iNovia Capital, following a management buy-out, which allowed the company to take back control from its previous majority shareholder, Japan’s Cybird Co. The capital will be used to finance three new mobile media initiatives, including an…

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Posted In: Entertainment, Gaming, Media & Publishing, Money, M&A & Venture Capital, Venture Capital, Countries, Asia, Canada, airborne mobile, inovia capital

Airborne Mobile Lays Off 27 Percent Of Its Staff; Breaks Off From Japanese Owners

Tricia Duryee

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…

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Posted In: Advertising, Entertainment, Gaming, Music, Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, airborne mobile