DoCoMo Enters Corp. Solutions Market in China
NTT DoCoMo, Inc. announced today that the company and UFIDA Software Co., Ltd., the leading Chinese supplier of enterprise resource planning (ERP) software listed on the Shanghai Stock Exchange, will enter the corporate mobile solutions market in China through a joint investment in Fidatone Mobile Technology and Service Co., Ltd. DoCoMo will invest US$5 million (roughly 600 million yen) to acquire an approximately 33.3% equity stake in March 2007.
A corporate mobile-solution subsidiary to be established by Fidatone in February will utilize DoCoMo’s expertise and UFIDA’s ERP software and customer base to develop and market the solutions in China. Press release Here.