Interactive content producer Intertainment Media has received an unsolicited US$30 million bid for its upstart social media translator division Ortsbo.

Toronto-based Intertainment said the offer came from a North American investment firm to acquire 100% of the division which offers instant, real-time translation of conversations in over 50 languages on social media sites and chat rooms.

The Ortsbo subsidiary launched on July 22, and has received over 387,000 unique users resulting in over 500,000 online sessions and more than one million page views generating over 2.1 million minutes of user engagement, Intertainment said.

The Canadian company said it is reviewing the takeover offer for its Ortsbo platform, and will provide further details in the future.