PacketVideo, NMS team for two-way
wireless video
By Susan Rush
from CED Broadband Direct, July 9, 2002
According to research firm Ovum, the global multimedia
messaging market is slated to bring in $1.8 billion this year,
and PacketVideo and NMS Communications want their piece of the
action.
The companies have formed a partnership to develop two-way wireless
video communications systems. The systems will combine PacketVideo's
software with NMS' hardware and software. The goal of the partnership
is to develop new systems that bring together voice and video
for real-time communications, enabling service providers to roll
out wireless video capabilities for various services, such as
multimedia messaging, financial news downloads and multiplayer
games.
The companies believe their systems will enable service providers
to more easily attract new customers and generate revenue from
next-generation services. "Mobile service providers, especially
in Asia and Europe, are looking at the potential of wireless multimedia
as an up-and-coming blockbuster attraction to increase revenue,"
says Clarke Ryan, senior vice president and general manager of
NMS.
For its part, NMS will leverage its high-density Convergence
Generation 6500 media server platform and its Voice Enhancement
Systems business. PacketVideo will bring its experience in video
and multimedia technology -- including 3GPP packet-switched streaming
and pv2way software for 3G-324M terminals -- to the table. 3G-324
is an approved 3G Partnership Program standard designed to ensure
interoperability between landline video systems and video-enabled
wireless devices.
Financial terms of the deal were not disclosed.
Several equipment and device manufacturers, including Compaq,
Fujitsu, NEC, Mitsubishi, Motorola, Sanyo, Sharp and Siemens,
have licensed PacketVideo's software.
|
