DoCoMo just announced it has acquired 35% of PacketVideo for $45.5 million in all-cash transaction effective immediately. The companies have worked together over the last 10 years, with the PV CORE technology embedded into over 90 FOMA models, and continued growth in the mobile multimedia space the companies statement suggest it's a natural evolution. Considering the recent JV with AVEX to la...

The 35-percent stake that NTT DoCoMo is investing in PacketVideo will help the San Diego-based company expand more in the Japanese market.

NextWave Wireless Inc. today announced that DOCOMO has acquired a 35 percent equity stake in its subsidiary PacketVideo, a pioneer in wireless and digital home multimedia software and service applications, for $45.5 million

NTT DOCOMO, INC. and San Diego, California-based PacketVideo Corporation, a subsidiary of NextWave Wireless Inc. and a pioneer in wireless and digital home multimedia software and service applications, today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million. The all-cash transaction, effective immediately, is intended to strengthen DOCOMO’s position in ad...

NTT DoCoMo has acquired a 35 percent stake in US-based mobile video company PacketVideo for USD 45.5 million. Via this acquisition, DoCoMo plans to strengthen its position on the Japanese advanced music and video services market. The DoCoMo-PacketVideo partnership initially started in 1998, enabling PacketVideo's technologies to be incorporated in multimedia applications for DoCoMo's Fom...

NTT DoCoMo has acquired a 35 percent stake in PacketVideo, investing $45.5 million in the NextWave Wireless subsidiary.

PacketVideo's CORE multimedia, pvPlayer, has been incorporated into more than 90 DoCoMo handset models.

NTT DOCOMO and PacketVideo today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million. The all-cash transaction, effective immediately, is intended to strengthen DOCOMO’s position in advanced music and video services in Japan. The strategic alliance will enable DOCOMO to enhance its music and video service offerings while augmenting the competitive...

NTT DOCOMO, INC. and San Diego, California-based PacketVideo Corporation, a subsidiary of NextWave Wireless Inc. and a pioneer in wireless and digital home multimedia software and service applications, today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million.Continue reading...

Japanese mobile operator giant NTT DoCoMo announced the completion of an agreement to acquire a 35 percent stake in San Diego-based digital multimedia solutions provider PacketVideo valued at $45.5 million. According to DoCoMo, its partnership with PacketVideo (a unit of NextWave Wireless) dates back to 1998--PacketVideo's pvPlayer multimedia player is installed in more than 90 DoCoMo handset...