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CTIA: PacketVideo Corporation Acquires SDC

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San Diego-based Packetvideo has announced the acquisition of Basel, Switzerland-based SDC AG for an undisclosed amount. We noted it at the beginning of the month, and this is the official announcement. SDC has a Java music client with DRM that is deployed on 18 carriers in Europe, China, North America, Australia and India, while PacketVideo has a multimedia client that runs on Brew, Linux, Symbian and Windows Mobile. SDC supports music platforms from Musiwave, WiderThan, Siemens, and TA-Telecom, and covers full track music, music videos and ringtones. It sells music via full track pay-per-download, subscription, advertising, superdistribution, try-and-buy, push-casting and personalized radio, and has deals with EMI Music, Sony BMG Music Entertainment, Universal Music Group, Warner Music Group. There’s no clear message of any integration plans.

Mar 26, 2007 8:34 PM ET

Posted In: Entertainment, Music, Money, M&A & Venture Capital, Technologies / Formats, Countries, Europe

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