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.