Mobile video is taking off in Japan, where mobile operator NTT DoCoMo just invested $45.5 million in PacketVideo, which s a long-time supplier of mobile video software. The all-cash investment gives NTT Docomo a 35 percent stake in PacketVideo, which is s subsidiary of NextWave Wireless (a holding company that owns rights to wireless spectrum in the U.S. which it plans to use for a Wimax network)....
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MobileCrunch on 6th Jul 2009 (via techcrunch.com)
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...
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FierceMobileContent on 6th Jul 2009 (via fiercemobilecontent.com)
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...
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MobilityPhones on 7th Jul 2009 (via mobilityphones.com)
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
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WirelessDeveloper on 7th Jul 2009 (via wirelessdevnet.com)
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...
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CellPhoneDigest on 6th Jul 2009 (via feedproxy.google.com)
Japan's NTT DoCoMo has acquired a 35-percent stake in US based PacketVideo for US$45.5 million. The company, a subsidiary of NextWave Wireless is a developer of mobile video services.
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CellularNews on 6th Jul 2009 (via feedproxy.google.com)
While the United States is still struggling to roll out 3G, Japans number one mobile operator NTT DoCoMo (NYSE: DCM) has said that theyre accelerating their plans to turn off their 2G network. What was supposed to take place during December 2012 has now been pushed forward to March 2011. For those of you counting, thats only 16 months away. Japans third largest operator, Softbank (OTCPK: SFTBF), i...
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MobileTelecommunication on 23rd Nov 2009 (via blogger.xs4all.nl)
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...
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MobileTelecommunication on 6th Jul 2009 (via blogger.xs4all.nl)
PacketVideo makes software for viewing video on your mobile handset, and they just became $45.5 million richer after Japanese operator NTT DOCOMO (NYSE: DCM) purchased a 35% stake in the company. NTT DOCOMO has already shipped 90 handsets with their software on board; now as an investor, they may have their say into the future
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IntoMobile on 6th Jul 2009 (via feedproxy.google.com)
NTT DoCoMo has acquired a 35 percent stake in PacketVideo, investing $45.5 million in the NextWave Wireless subsidiary.
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WirelessWeek on 6th Jul 2009 (via wirelessweek.com)
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...
