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Cityneon buys US animated figures design firm in S$50m deal

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Animax Designs, based in Tennessee in the US, counts The Walt Disney Company, Nickelodeon and NBC Universal among its clients. It built the dinosaurs in Cityneon's Jurassic World: The Exhibition touring sets. The company employs 150 people.

Singapore

CITYNEON Holdings, which delisted from the Singapore Exchange (SGX) last year, has acquired US-based animated figures design firm Animax Designs in a deal worth about S$50 million, The Business Times understands.

The experience entertainment company stumped up cash and...

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