M&A Deal Summary

J.M. Driver Acquires PacketVideo

On May 10, 2016, J.M. Driver acquired software company PacketVideo from NTT DoCoMo and NextWave Wireless

Acquisition Highlights
  • This is J.M. Driver’s 1st transaction in the Software sector.
  • This is J.M. Driver’s 1st transaction in the United States.
  • This is J.M. Driver’s 1st transaction in California.

M&A Deal Summary

Date 2016-05-10
Target PacketVideo
Sector Software
Buyer(s) J.M. Driver
Sellers(s) NTT DoCoMo
NextWave Wireless
Deal Type Divestiture

Target

PacketVideo

San Diego, California, United States
PacketVideo Corp. is a mobile phone-based multimedia software and media service platforms that have been widely adopted by mobile operators and device manufacturer. PacketVideo provides solutions that allow users to share pictures, music and videos among PCs, mobile phones and consumer electronic devices such as TVs, digital picture frames and audio equipment.

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Buyer(S) 1

Buyer

J.M. Driver

San Diego, California, United States

Category Company
Sector Software
DESCRIPTION

Lynx Technology is a provider of media connectivity software that allows consumers to quickly and securely discover their media libraries stored in the home, control them from any mobile device, and enjoy them on any screen or speaker.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 2

SELLER

NTT DoCoMo

Tokyo, Japan

Category Company
Founded 1991
Sector Communications
Employees27,558
Revenue 4.65T JPY (2020)
DESCRIPTION

NTT DoCoMo is a provider of innovative, convenient, and secure mobile services that enable smarter living for each customer. The company serves over 61 million mobile customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world's first commercial LTE networks. NTT DoCoMo was founded in 1991 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-29 net mobile AG

Düsseldorf, Germany

The net mobile AG Group is an international full-service provider of payment solutions and mobile value-added services. The company's principal activities are in the fields of mobile payment, mobile content and other value-added services, which it offers to mobile network operators, digital media companies, and publishers worldwide. net mobile was formed in 2000 and is based in Düsseldorf, Germany.

Buy -
SELLER

NextWave Wireless

San Diego, California, United States

Category Company
Founded 1996
Sector Communications
Employees11
DESCRIPTION

NextWave Wireless, Inc., is a wireless PCS company that intends to become a significant provider of 4G wireless telecommunications services using VOIP and IP technology over the BRS and related frequencies.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-05 PacketVideo

San Diego, California, United States

PacketVideo Corp. is a mobile phone-based multimedia software and media service platforms that have been widely adopted by mobile operators and device manufacturer. PacketVideo provides solutions that allow users to share pictures, music and videos among PCs, mobile phones and consumer electronic devices such as TVs, digital picture frames and audio equipment.

Sell -