The sentence is grammatically correct and is, indeed, a more colorful way of saying 'was born.' It has an archaic and formal ring to it, rather like the sort of speech employed in prayer. It sounds similar to Matthew 1:18, "This is how the birth of Jesus Christ came about." I suppose Matthew could very well have said, "This is how Jesus Christ was born." But that doesn't really do justice to the occasion, now does it?