Nanosys, DoCoMo Capital, and NTT DoCoMo to Collaborate on Nanotechnology-Enabled Wireless Communication Opportunities
Market Wire, January, 2007
Nanosys, Inc. and DoCoMo Capital, Inc., a wholly owned US subsidiary of NTT DoCoMo, Inc., today announced they have entered into an exclusive collaboration agreement among Nanosys, DoCoMo Capital, and NTT DoCoMo, Inc. to develop Nanosys' nanotechnology platform for potential product opportunities in wireless communications for mobile telephone applications in Japan. Under the terms of the agreement, NTT DoCoMo and DoCoMo Capital will fund development efforts at Nanosys and NTT DoCoMo. In addition, DoCoMo Capital announced its equity investment in Nanosys. Financial details of the agreements were not disclosed.
"We are extremely pleased to be working with NTT DoCoMo and DoCoMo Capital," said Calvin Chow, Nanosys' Chief Executive Officer. "NTT DoCoMo actively promotes the development and introduction of new services and technologies ahead of its competitors, and recognizes the potential of Nanosys' technology in addressing numerous emerging wirelesss communications opportunities."
"This collaboration, as well our investment in Nanosys, allows us to expand future opportunities for developing new mobile telephone applications," said Nobuyuki Akimoto, President and CEO of DoCoMo Capital. "Through advances using nanotechnology we expect to increase NTT DoCoMo's position as the mobile communications technology leader in the world."
About Nanosys
Nanosys, Inc. is a leader in the development of nanotechnology-enabled products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with approximately 500 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, California and privately held, Nanosys collaborates with industry leaders to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, renewable energy, defense and the life sciences. Additional information on Nanosys can be found at www.nanosysinc.com .
About DoCoMo Capital
DoCoMo Capital, Inc. is a Palo Alto, California-based, wholly owned venture investment subsidiary of NTT DoCoMo, Inc. (NYSE: DCM), the leading mobile communication company based in Japan. Working closely with NTT DoCoMo's business and R&D divisions, DoCoMo Capital is in charge of NTT DoCoMo's early to middle stage venture investments in mobile communications related start-up companies predominantly in the United States. Established in 2005, the company has committed capital of $100 million. For more information, please access www.docomo-capital.com .
Nanosys Contact: Peter Garcia Chief Financial Officer (650) 331-2154 Email Contact DoCoMo Capital Contact: Shinichiro Tonooka Principal (650) 496-4748 Email Contact
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- "Do not rely on a single economy" ; Larsen and Toubro (L and T) was affected due to the slowdown particularly the products businesses, which include switchgears, construction equipment and industrial bars.
- "The first deliberate call we took was not to lay off anybody" ; The diversified group decided to reskill all surplus workers.
- "Government had to step up its demand" ; The downturn affected the government as much as India Inc. The outgoing advisor to the Government of India details its impact and its lessons.
- "Help your customers even in difficult times" ; Oil was at an all-time high at over $135 per barrel just before the financial meltdown. Then oil crashed to a low of $35 per barrel in January this year, bringing down any fresh demand for pipes fr
- "You have to be visible as a leader" ; Transparency is a standard operating procedure for communications during a downturn.
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- The best time to buy a car: December is not the only time to get a new set of wheels. We'll show you when to make your move to the dealer's showroom
