Reliance Mediaworks Partners Japan’s Imagica Corp – To provide Film Restoration, Image Processing and HD Conversion Services
Filed under: Arts, Asia-Pacific, Business, JVs, New Media, Software, Technology
Mumbai/LA/Tokyo; March 17, 2010 – Reliance MediaWorks Ltd., India’s fastest growing film and entertainment services company and a member of the Reliance ADA group has concluded an Memorandum of Understanding (MOU) with IMAGICA Corp, Japan’s largest lab and post-production company that has provided high-quality one stop services, from shooting to distribution, since its foundation in 1935.
Under the alliance, the companies would provide Film Restoration, Image Processing and Enhancement and HD Conversion services to Japanese Broadcasters and Studios.
IMAGICA Corp. offers a comprehensive range of services such as film processing and printing, inter-media transfer, digital and optical composite, VFX, CGI, editing and sound services, DVD authoring and duplication, and image restoration, etc. The company also leads the market with high quality services for Digital Intermediates, Digital Cinema, Stereoscopic 3D, and Blu-ray disc authoring. Read more
Forma Therapeutics Announces $200 mn Collaboration Deal with Novartis
Filed under: Americas, Biotech, Capital Markets, Europe, Finance, JVs, M&A, Pharma
CAMBRIDGE, Mass. Jan 12, 2009 — FORMA Therapeutics announced today that it has entered into a license and option agreement through the Novartis Option Fund. Under the terms of the agreement, FORMA will leverage its transformative biology and chemistry platform to develop inhibitors for an undisclosed protein-protein interaction target in the field of oncology. The agreement includes an upfront fee and potential milestones totaling over $200 million as well as royalties.
“Protein-protein interactions represent important target opportunities in the field of oncology drug discovery, but have been highly elusive to date,” stated Reinhard Ambros, Head of the Novartis Venture Funds. “Novartis is very excited to be collaborating with FORMA to access their biology and chemistry expertise and powerful discovery tools to unlock this challenging target class.” Read more
Ericsson ties with Swisscom for WCDMA/HSPA network for high-speed mobile broadband coverage in Switzerland
Filed under: Communications, Europe, Internet, JVs, Mobile
Ericsson (NASDAQ: ERIC) has signed a frame agreement with leading Swiss operator Swisscom to expand and upgrade its WCDMA/HSPA network to enable high-speed mobile broadband coverage across 90 percent of Switzerland.
As key supplier to Swisscom, Ericsson will provide an HSPA (High-Speed Packet Access) solution that will upgrade the operator’s network to enable peak speeds of up to 7.2Mbps on the downlink – the maximum speed that commercial HSPA subscriber devices currently allow.
This agreement also expands on Swisscom’s initial HSPA launch in February 2006, making uplink speeds of up to 1.4Mbps available across 90 percent of the country.
The contract will underpin the widespread availability of mobile broadband services across Switzerland and support subscriber access to a host of innovative services. The service was announced by Swisscom in November 2007. Rollout has started and is due for completion in the second quarter of 2008.
Patrice Haldemann, Network & IT, Head of Operations Swisscom says: “Ericsson’s solution allows us to boost network capacity and extend our leadership in mobile broadband availability across the country, offering customers seamless access to our range of broadband services.”
Richard Batistier, Account Manager at Ericsson says: “This contract marks an important milestone in our long-standing partnership with Swisscom and will extend high-speed mobile broadband throughout the country, supporting access from almost any device and nearly any location.”
Ericsson’s HSPA technology supports downlink speeds of up to 14.4Mbps. It significantly increases operators’ network capacity and provides subscribers with a superior user experience.
Notes to the editor:
Press backgrounder for HSPA and 3G reference list:
www.ericsson.com/ericsson/press/facts_figures/doc/hspa_lte.pdf
www.ericsson.com/ericsson/press/facts_figures/3g_reference.shtml
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at www.ericsson.com
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Media Relations
Phone: +46 8 719 69 92
E-mail: press.relations@ericsson.com
About Ericsson’s HSPA solution
HSPA stands for High-Speed Packet Access. An inherent advantage of HSPA is that the technology is a natural extension of existing WCDMA/GSM networks, or about 85 percent of the world’s existing wireless networks, and therefore has the potential to be readily available to a large number of wireless users, creating a mass market for mobile broadband. By 2010, 71 percent of mobile broadband connections are projected to be HSPA-based.
Ericsson’s HSPA mobile broadband solution, part of Ericsson’s Full Service Broadband offering, today enables download speeds of up to 14.4Mbps and upload speeds of 1.4Mbps. The advanced technology lets operators more than double their system capacity and cuts response times for interactive services. On average, users will be able to download 20 times faster than with a GSM/GPRS connection. Future evolution steps will increase the HSPA download speed to 42Mbps and the upload speed to 12Mbps. Ericsson offers HSPA support on many frequency bands ranging from 850MHz to 2.6GHz.
MySpace and Google to Launch Open Platform for Social Apps Development
Filed under: Advertising, Americas, Business, Internet, JVs, New Media, People
LOS ANGELES / MOUNTAIN VIEW, CALIF. (November 1, 2007)—MySpace, the world’s largest social network, and Google, Inc. (NASDAQ: GOOG) today announced that they are joining forces to launch OpenSocial— a set of common APIs for building social applications across the web. The partnership spearheads an initiative to standardize and simplify the development of social applications. Today’s announcement underscores MySpace’s commitment to supporting standards that foster innovation in an increasingly social Web.
Demo of a MySpace webpage using OpenSocial, a programming model developed at Google
“Our partnership with Google allows developers to gain massive distribution without unnecessary specialized development for every platform,” said Chris DeWolfe, Chief Executive Officer and co-founder of MySpace. “This is about helping the start-up spend more time building a great product rather than rebuilding it for every social network. We’re pleased to collaborate with Google to establish a landmark standard for social applications.”
As a founding member of OpenSocial, MySpace will provide critical user mass and platform guidance. The OpenSocial standards are designed to evolve through contribution from the open source community and as new features are developed by various partners. Global members of the OpenSocial community include Engage.com, Friendster, hi5, Hyves, imeem, LinkedIn, Ning, Oracle, orkut, Plaxo, Salesforce.com, Six Apart, Tianji, Viadeo, and XING.
“As the most trafficked website in the country and the most popular social network in the world, MySpace is one of the leading forces in the global social Web,” said Dr. Eric Schmidt, Chairman of the Executive Committee and Chief Executive Officer of Google. “We’re thrilled to grow our strategic relationship with MySpace by joining forces on this important initiative.”
“As an application developer, we’re excited to see MySpace adopting the OpenSocial standard for social application development,” said Joe Greenstein, CEO of Flixster. “Application developers have been working with MySpace for a long time—this takes what we can do together to a whole new level. The sheer scale of MySpace makes this extremely exciting for us.”
“We’re all citizens of a larger Web—no network is an island onto itself,” said Aber Whitcomb, CTO of MySpace. “We look forward to continuing to develop great technology with Google and all of the OpenSocial participants. It’s exciting that social networks are getting social with each other.”
The launch of OpenSocial is the first release of technical details for the forthcoming MySpace Platform. Starting tonight, developers can start writing applications for OpenSocial at http://code.google.com/apis/opensocial which the MySpace Platform will support at launch.
About MySpace
MySpace, a unit of Fox Interactive Media Inc., is the premier lifestyle portal for connecting with friends, discovering popular culture, and making a positive impact on the world. By integrating web profiles, blogs, instant messaging, e-mail, music streaming, music videos, photo galleries, classified listings, events, groups, college communities, and member forums, MySpace has created a connected community. As the first ranked web domain in terms of page views(c), MySpace is the most widely-used and highly regarded site of its kind and is committed to providing the highest quality member experience. MySpace will continue to innovate with new features that allow its members to express their creativity and share their lives, both online and off. MySpace’s international network includes 20 localized community sites in the United States, Canada, Latin America, Mexico, Austria, Finland, Germany, Italy, Norway, Sweden, Switzerland, UK, Denmark, France, Ireland, Netherlands, Spain, Austria, Japan and New Zealand. Fox Interactive Media is a division of News Corp. (NYSE:NWS – News, NWS.A – News; ASX:NWS – News, NWSLV – News).
*Among the top 2000 domains comScore Media Metrix, September 2007. For more information on comScore Networks, please go to http://www.comscore.com.
About Google Inc.
Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.
Media Contacts
Dani Dudeck
MySpace
(310) 969-7148
ddudeck@myspace.com
Tracy Akselrud
MySpace
(310) 969-2813
takselrud@myspace.com
Rachael Horwitz
Google
(415) 336-4469
rhorwitz@google.com
###
Google, orkut, and OpenSocial are trademarks of Google Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
Recommended
