Leading internet portal announces deal with Personal Broadcaster to create new Asia Pacific brand
Oslo, Norway – March 6,, 2006 – The creation of a new Asia Pacific media company, N-Visio, was announced today by The Mobile Media Company, the world’s leading Personal Broadcaster (www.mobilemedia.com) providing unrivalled one-to-one personal entertainment to mobile communities. The formation of N-Visio is the result of globally recognised internet portal eXcite (Japan), backed by the Japanese industry giant Itochu, and The Mobile Media Company forming a joint venture, where The Mobile Media Company contribute certain Asia Pacific assets and Excite (Japan) provides a cash investment.
N-Visio (www.n-visio.com) is now the new brand name for Excel Mobile Investments (EBI). As a key investor in N-Visio, eXcite will hold 19% of the initial shares with a call option to increase its stake to 43%. The Mobile Media Company remains the largest shareholder in N-Visio, with the current Mobile Media Asia Pacific Management holding 32% of the initial shares. All existing Mobile Media Company Asia Pacific employees will be retained by the new company.
Device Manufacturers:
Amazon | Apple | Barnes & Noble | BenQ-Siemens | BlackBerry | Fujitsu | HP | HTC
Kobo | Kyocera | LG | Motorola | Nokia | Palm | Pantech | Samsung | Sanyo | Sony Ericsson | Toshiba
Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer