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NTT DoCoMo, Inc., announced today that it will establish a wholly owned U.S. subsidiary, named DoCoMo Capital, Inc., to invest in venture companies that develop advanced mobile communication technologies. The subsidiary will take stakes in venture companies, mainly in the United States, to support their development of innovative technologies. Based in San Jose, California, the subsidiary is scheduled to begin operating on 1 July 2005.
Through these investments, DoCoMo say they intend to shorten development time, lower research and development costs and expand opportunities for developing mobile services and technologies. Press Release Here.
Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!