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Mobile Game Development News

Mobile Weather Content Firm Digital Cyclone Sold To Garmin For $45 Million

Among the bigger pure mobile content related exits in the last year or so: Digital Cyclone has sold itself for $45 million in cash to Garmin, which makes personal navigation devices. Garmin said it bought nine-year-old Digital Cyclone because it was a pioneer in developing ?location-based services? for mobile. The firm sells consumers weather forecasts and warnings tailored to their locations for a subscription fee of about $4 a month. The service is available through Cingular Wireless, Sprint Nextel, T-Mobile, Verizon Wireless and some regional cell-phone companies; a new GPS-equipped phone is not required. The company will operate as a subsidiary of Garmin, retaining its management, support staff and headquarters.

Pioneer Press: The company had gotten initial funding of $8.1 million in 2000 from media company A.H. Belo and a private stock sale. Digital Cyclone bought out Belo?s shares in 2003 and will use its sale to reward about 100 private shareholders still left.

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2) Mobile games coming of age?
3) Sun Announces Broad Release of UTI Digital Certificate Through Java Verified Program to Help Drive Worldwide Mobile Application Security
4) Esmertec share price collapses on profits warning
5) BBC Starts Citizen Journalism Meets GPS Experiment



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