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DOCOMO and PacketVideo Form Strategic Alliance to Accelerate Innovation and Growth in Mobile Multimedia Software and Services

NTT DOCOMO, INC. (TSE:9437) (LSE:NDCM) (NYSE:DCM) and San Diego, California-based PacketVideo Corporation, a subsidiary of NextWave Wireless Inc. (NASDAQ:WAVE) 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 [...]

NextWave Wireless Announces Management Reorganization

Focus on maximizing value of Global Spectrum Assets and expanding PacketVideo business
NextWave Wireless Inc. (NASDAQ:WAVE), today announced management changes as it completed the initial phase of its global restructuring initiative, which was announced in the third quarter of 2008, encompassing the divestiture or discontinuance of the Company’s wireless semiconductor and network equipment businesses. The [...]

NextWave Wireless Raises $100 Million in New Capital

NextWave Wireless Inc. (NASDAQ: WAVE) today announced that it has raised $100 million in new financing through the issuance of senior-subordinated secured second-lien notes (“Notes”) to Avenue Capital Management II, L.P. and SOLA.
Interest on the Notes will be payable quarterly at a rate of 14 percent per annum through the issuance of additional Notes, [...]

AccuRev Selected by PacketVideo to Enhance its Geographically Distributed Development Process

AccuRev Proves Strongest SCM Solution Based on Side-by-Side Performance Tests
AccuRev Inc. today announced that PacketVideo (PV), the software innovator powering the world’s leading mobile multimedia services, has standardized on AccuRev for process-centric software configuration management (SCM) to enhance the efficiency and collaboration of its worldwide development organization.
PV conducted an exhaustive evaluation of the [...]

NextWave Wireless Announces First Quarter 2008 Financial Results

Company Reports 25 Percent Quarterly Revenue Growth Over Fourth Quarter of 2007
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of wireless broadband and mobile multimedia products, filed its Quarterly Report on Form 10-Q for the first fiscal quarter which ended March 29, 2008. Financial schedules are included with this release.
NextWave reported GAAP revenues [...]

PacketVideo Provides First End-to-End Music Service for Mobile and Broadband Access for Canada’s TELUS Mobility

Upgrade to the TELUS Mobile Music Service Uses PacketVideo’s MediaFusion platform for its Mobile and Web Storefront
CTIA Wireless 2008
Booth 3024
The recent upgrade of TELUS’ mobile music service in Canada features a first for mobile customers – the ability to sideload protected music tracks from a personal computer (PC) to mass market Java phones. The PC [...]

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