Company name: PacketVideo
Where it's based: N/A
When it was founded: 1998
What year it was a Fierce 15: 2003
Why it was a Fierce 15: PacketVideo was selected for its streaming video platform that was compatible with almost any type of 2.5G or 3G network. The technology was being incorporated into the network of NTT DoCoMo's FOMA 3G network as well as the networks of Sprint, Sonera and SK Telecom. In addition, PacketVideo had partnerships with Oracle, HP and Sun, and attracted nearly $100 million in venture capital from Intel, Qualcomm, Motorola and other investors. Click here for more.
What has happened since it was awarded the Fierce 15: In July 2005, PacketVideo was acquired by NextWave Wireless and became a subsidiary of the company. Last month, NTT DoCoMo acquired a 35 percent stake in PacketVideo by investing $45.5 million in the NextWave subsidiary.