KDDI Aquires Stake in Acrodea
KDDI Aquires Stake in Acrodea

KDDI Aquires Stake in Acrodea

KDDI Aquires Stake in Acrodea

According to a report on Market Watch, KDDI aims to buy 4,300 shares of Acrodea Inc. , or a 6.6% stake in the handset-use software developer, through markets by the end of April. The value of the share purchase will be around Y11 billion, based on Wednesday’s closing price of Acrodea shares at Y248,000. KDDI said in a press release it seeks to strengthen ties with Acrodea in developing [applications for] mobile phone handsets.

Acrodea has announced [in Japanese] their Vivid Panorama [.jpg] middleware is available as pre-install on the new Samsung 708SC model from SoftBank Mobile.