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NTT DoCoMo to Establish Investment Subsidiary in California
Posted: 09-May-2005 [Source: NTT DoCoMo]

[DoCoMo Capital to begin operations July 1 investing in US venture companies involved in mobile communications development.]

Tokyo -- NTT DoCoMo, Inc. announced that it will establish a wholly owned U.S. subsidiary, named DoCoMo Capital, Inc., to invest in venture companies that develop advanced mobile communication technologies.

The subsidiary will take stakes in venture companies, mainly in the United States, to support their development of innovative technologies. Through these investments, DoCoMo intends to shorten development time, lower its research and development costs and expand its opportunities for developing mobile services and technologies.

Based in San Jose, California, the subsidiary is scheduled to begin operating on July 1, 2005.

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