(2 August 2008 5:30 pm)

MUMBAI: Nomura Holdings, a brokerage firm based in Japan, will invest 16 million dollars in Chennai-based Real Image Media Technologies, a digital media technology and services provider.

Real Image specialises in providing digital technology solutions for films, videos and audio markets.

The Japanese broker expects high growth for the Indian firm, which provides digital cinema technologies and equipment to film distributors in the South Asian country.

Nomura Holdings will send two senior employees to be part of the management team of Real Image Media Technologies and hopes to recover its investment costs in 2010, when the Indian firm is scheduled to go public.

Nomura has made this investment through its Asia merchant banking division in Hong Kong.