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Electronics Production |

DoCoMo to acquire<br>stake in MontaVista

NTT DoCoMo, Inc. has agreed with MontaVista Software Inc., a U.S. developer of Linux software for telecommunications equipment and mobile handsets, to invest $3 million in newly issued preferred stock for an equity stake in the company.

DoCoMo has already introduced products equipped with MontaVista® Linux®. DoCoMo hopes the investment will allow it to efficiently improve and develop its Linux products. The Sunnyvale, California-based company headed by James Ready, was founded in February 1999 and had 182 employees as of the end of November 2004.

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March 28 2024 10:16 am V22.4.20-2
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