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November 30, 2005

DoCoMo ups stake in two software developers

Wireless carrier NTT DoCoMo Inc has increased its holdings in two of its software suppliers in a move that indicates the technology it favors. It is paying JPY 12.975bn ($108.4m) for a 14.98% stake of mobile Java developer Aplix Corp, which takes its holding in the company to 17.98%.

By CBR Staff Writer

The two companies said they expected to form technical tie-ups in handset middleware centered on Java technology.

DoCoMo is also paying JPY 15bn ($125.4m) for new shares in browser developer Access Co Ltd, raising its stake from 7.12% to 11.66%. Access considerably broadened its product range with its $322.4m acquisition in September of PalmSource Inc, which gives it a full range of software to develop mobile devices.

Access’s browser is widely used in DoCoMo’s 3G handsets and the two companies said they would work together on upper layer application software centered on browser technology.

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