PacketVideo sells $60 million in securitiesMonday, December 23, 2013
San Diego-based PacketVideo Corp. sold $60 million of securities beginning Dec. 6, the company said in a regulatory filing dated Dec. 16.
PacketVideo offers software that enables mobile devices to play video and music. The business was founded in San Diego in 1998. NTT Docomo, Japan’s largest mobile phone provider, bought PacketVideo in 2010. Mark Tapling is PacketVideo’s CEO.