Japan-based phone operator NTT’s Communications division has acquired a 74% stake in corporate venturing-backed Netmagic Solutions, an Indian internet service provider. India’ Foreign Investment Promotion Board has approved, Netmagic‘s proposal to increase its foreign equity from 49% to 74%. The board said the foreign direct investment in the transaction was R182.80 crore ($33m). The approval had… Continue reading NTT adds to Netmagic Solutions
Month: August 2012
NTT links with Baidu and DeNA
The investment gives NTT Docomo a 20% stake in the venture, Baidu Yi Xin Network Technology (Beijing) Company.
NTT serves up Alfredcore deal
The investment came a month after D2 Communications, a mobile advertising and marketing subsidiary of NTT and media group Dentsu, bought 350 new shares from Alfredcore.
NTT shifts software testing
Alongside NTT in Shift’s round are financial services conglomerate Mitsui and venture capital firm DFJ JAIC.
NTT opens Royal Gate
Alongside NTT in the round were financial conglomerate Mizuho Capital and venture capital firm Venture Now.
Cerego Japan teaches NTT
Cerego Japan provides iKnow! for enterprises and education institutions.
NTT invests $1m in Synerchip
NTT Investment Partners, a corporate venturing unit of Japan-based phone operator Nippon Telegraph & Telephone (NTT), has invested $1m in Synerchip, which helps connect video and voice devices and raised $10.5m last year.
Kanban Musume calls up NTT
NTT Investment Partners, a corporate venturing unit of Japan-based phone operator Nippon Telegraph & Telephone (NTT), has acquired a minority stake in Kanban Musume.
NTT backs Nihon Gigei
NTT Investment Partners, a corporate venturing unit of Japan-based phone operator Nippon Telegraph & Telephone (NTT), has invested Y38m ($500,000) in cloud service provider Nihon Gigei.
NTT entertains with Migo
Migo mainly provides digital services including software development, hardware engineering, content acquisition, infrastructure deployment and mobile ecosystems in Taiwan and Philippines.
KDDI advertises JMTY deal
JMTY, a Japan-based classified advertising website, has raised Y150m ($2m) from local phone operator KDDI’s corporate venturing fund, conglomerate Mitsubishi UFJ Capital’s operating fund and venture capital firm Infinity Ventures. Founded in February last year, JMTY launched two months later.
Docomo bunks with Couchbase
Docomo Capital, the corporate venturing unit of Japan-based phone operator NTT, has invested $1m in Couchbase, a US-based database company, as part of its $15m series C round. Couchbase has also signed a customer relationship with Docomo Innovations to develop and deploy mobile services using Couchbase’s NoSQL database software. Eisuke Miki, executive president of Docomo… Continue reading Docomo bunks with Couchbase
Docomo Capital reels in HighlightCam
HighlightCam, a US-based developer of a movie-making application to be used on technology company Apple’s devices and Android phones, has raised $3m in its series A round from a consortium including Docomo Capital, the corporate venturing unit of Japan-based phone operator Nippon Telegraph & Telephone. HighlightCam’s other A round backers include venture capital firms Quest… Continue reading Docomo Capital reels in HighlightCam
ESB lights up SELC
ESB Novusmodus, the €200m ($250m) corporate venturing fund of Ireland-based power utility ESB, has invested €2.5m ($3.5m) in SELC, a local developer and manufacturer of electronic lighting controls and photocells founded in 1982.