Navio Acquires Mobile Content Distributor DVNO

Thursday 1 April 2004 10:24 CET | News

Navio has acquired DVNO, as well as the full integration of its proprietary process for distributing mobile content at the retail point-of-sale.

DVNO developed and built an application for retailers, wireless service providers and developers of digital entertainment to package and promote content for mobile devices. Navio has already established an authenticated and secure transaction system to buy and sell digital content over the Internet. Purchasing DVNOs unique retail distribution technology will allow Navio customers to find new sales channels in the fast-expanding mobile entertainment market. In the deal, Navio completely consumes DVNO and its Mobile Fun-n-Games brand. Navio continues to promote its transaction system that allows content providers, carriers and retail outlets to share revenue. Immediate deployment of the expanded Navio service will see a turnkey solution for retailers to market and sell prepaid cards with PIN access to entertainment content on their own Web sites or via the Navio Store. How the Navio service works Navio manages buyer and seller rights to access digital content in the form of XML based metadata, which defines Navio Active Vouchers. The company offers a comprehensive transaction and trading platform based on the exchange of these Active Vouchers. Navio Active Vouchers may be used to represent an offer to purchase content, a purchase receipt to download content, a payment instrument to represent stored value or credit card information, or a user identity to enable single-sign-on or end-user authentication. Navios affiliate and loyalty services enable super-distribution of content where customers can extend purchase offers beyond themselves, and content providers can track affiliate sales chains. The Navio service is DRM agnostic, and works with any existing cryptographic scheme to protect digital content as it is streamed over Navios network or stored on a users computer. What DVNO brings to Navio DVNO adds to Navio a unique distribution service for mobile entertainment products. Carriers, retailers, handset manufactures, content developers and entertainment companies will find new marketing and promotional channels to increase or build new revenue streams from the sale of wireless applications such as games, music and ringtones. Navio has acquired DVNOs proprietary process to distribute, activate, and differentiate mobile entertainment applications direct to consumer in the retail channel, and compensate service providers, retailers and content owners from a single revenue chain.

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Categories: Payments & Commerce | Mobile Payments
Countries: World
This article is part of category

Payments & Commerce