NTT DoCoMo to Invest in Aplix.Tokyo, Japan, Nov 30, 2005 - (JCNN JCNN Japan Corporate News Network ) - NTT DoCoMo (NTT Mobile Communications Network, Inc., Japan) Founded in 1991, NTT DoCoMo is a spinoff of Japan's NTT (Nippon Telegraph and Telephone Corporation) which provides wireless services, including cellular, paging, satellite and maritime and in-flight telephone services. , Inc. announced today that it will acquire 15,000 newly allocated shares, or 14.98%, of software company Aplix Corporation for 12.975 billion yen, or 865,000 yen per share. DoCoMo expects to complete this investment process on December 21, 2005. As a result, DoCoMo and its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , DoCoMo.com, which already owns 3,000 shares, will hold a total stake of 17.98% in Aplix. Aplix develops embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. , mainly middleware for mobile phones and PCs, as well as markets software. Its Java(TM) products are sold under the brand name JBlend(TM). DoCoMo and Aplix already enjoy a close working relationship in the development of DoJa(TM)/Java platforms, which have enabled an increasing number of Java products to be adapted to 3G FOMA See i-Mode. (R) handsets. Following the share purchasing, they expect to enhance their partnership by forming technical tie-ups in handset middleware centered on Java technology, which will enhance the capability of DoCoMo's Java handsets and raise the efficiency of handset development. Aplix was established in 1986 and is headquartered in Tokyo. It had capital of about 6.73 billion yen as of June 2005 and 141 employees, or 202 on a consolidated basis, as of December 2004. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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