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NTT DoCoMo goes into e-publishing, acquires PacketVideo

17 Aug 2010
00:00
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NTT DoCoMo and Dai Nippon Printing will partner in an electronic publishing business that covers content aggregation, distribution and retail sales of e-books.

The business will use an open platform that combines DoCoMo’s existing content-distribution and payment systems with DNP’s planned hybrid digital/physical bookstores.

DoCoMo also reached an agreement with NextWave Wireless to acquire for $111.6 million the remaining 65% equity interest in PacketVideo.

With the 35% stake in PacketVideo acquired from Nextwave in July 2009, DoCoMo now wholly owns the subsidiary.

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