NeoMagic Inks Deal With Mobile Broadcast Company
NeoMagic [NMGC], a Santa Clara, Calif.-based reseller of mobile phones and communication devices, agreed to let Mobile Broadcast Company (MBC) use its MiMagic 6 for MBC’s MBCO satellite. Financial terms were not disclosed.
MBC will be using the MiMagic 6 to process the multimedia stream broadcast from the satellite. The service will deliver video using the MPEG-4 and H.264 video standards.
MBCO has received investments from 72 major Japanese and Korean corporate shareholders.