Media Business News and Trends

ProQuest Information and Learning has signed a definitive agreement to acquire privately held Voyager Expanded Learning, a provider of in-school core reading programs, reading intervention programs, and professional development programs for school districts throughout the United States.

Posted Dec 17, 2004

Sprint and Nextel Communications, Inc. have announced that their boards of directors have unanimously approved a definitive agreement for a merger of equals.

Posted Dec 17, 2004

Spatial Systems, Inc. has announced its formation as a software development company focused on creating and marketing products to simplify Web browsing and Internet use.

Posted Dec 14, 2004

Verity Inc. has announced the establishment of Verity Italy, a wholly-owned subsidiary that will be based in Milan.

Posted Dec 14, 2004

LexisNexis U.S., a provider of legal, news, and business information services, has acquired Oak Brook, IL-based Interface Software, Inc., a provider of client relationship management (CRM) products to legal and professional services firms in the United States, the United Kingdom and Australia.

Posted Dec 14, 2004

Oracle Corporation has signed a definitive merger agreement to acquire PeopleSoft, Inc., for $26.50 per share (approximately $10.3 billion).

Posted Dec 14, 2004

Robert N. Snyder, chairman of Cambridge Information Group, Inc., has announced the promotion of James P. McGinty to vice-chairman of the Cambridge Information Group and the promotion of Andrew M. Snyder to president of the Cambridge Information Group.

Posted Dec 10, 2004

Information technology (IT) media company TechTarget has acquired Boston-based Bitpipe, Inc. for $40 million in cash.

Posted Dec 10, 2004

LexisNexis U.S., a provider of legal, news and business information services, has acquired the editorial assets of Florida-based Gould Publications, a publisher of law enforcement handbooks, CD-ROM courses, Homeland Security publications, and training materials. LexisNexis has also announced the LexisNexis RiskWise Rate Evasion Evaluation. LexisNexis is a member of Reed Elsevier Group plc.

Posted Dec 10, 2004

Mamma.com Inc. and Copernic Technologies Inc. have announced that Mamma.com has signed a letter of intent (LOI) whereby Mamma.com would acquire all of the shares of Copernic Technologies for a combination of cash and shares of Mamma.com Inc.

Posted Dec 07, 2004

A look at some announcements from the Online Information 2004 conference in London. ITI editors, columnists, and execs including Dick Kaser, Marydee Ojala, Nancy Garman, Paula Hane, and Michelle Manafy are blogging live throughout the conference and expo - check out what they have to say at www.infotodayblog.com!

Posted Nov 30, 2004

Dow Jones & Company has signed a definitive agreement to acquire MarketWatch, Inc., in an all-cash transaction valued at approximately $519 million, or $18 per fully diluted common share, or approximately $463 million net of cash at MarketWatch.

Posted Nov 16, 2004

Bowstreet, a provider of application development tools for portals, has announced the completion of a $7.5 million round of financing and has introduced the Bowstreet Enterprise Portal Solutions.

Posted Nov 16, 2004

Alexander Street Press has acquired Classical Music Library. The acquisition of the library music reference service is intended to allow Alexander Street to add audio capabilities to their text- and image-based humanities collections.

Posted Nov 05, 2004

INSCI, a provider of enterprise content management (ECM) solutions, has unveiled its new corporate name, ClearStory Systems, and announced the Radiant Content Suite, a suite of enterprise solutions built on the company's content management technology.

Posted Nov 05, 2004

DoubleClick Inc., a provider of Web advertising solutions, has announced that it has retained Lazard Frères & Co. to explore strategic options for the business in order to achieve greater shareholder value, including a sale of part or all of its businesses, recapitalization, extraordinary dividend, share repurchase, or a spin-off.

Posted Nov 02, 2004

Networks In Motion, a wireless software solutions provider for mobile workforce management and location-based services (LBS), has announced the completion of an institutional round of venture capital funding of $5 million from Redpoint Ventures and Mission Ventures.

Posted Oct 29, 2004

Google Inc. has acquired Keyhole Corp., a Mountain View, California-based digital mapping company.

Posted Oct 29, 2004

The Wall Street Journal Online at WSJ.com, a paid subscription news site, has announced that for the first time in seven years, it will make the site free to nonsubscribers for a trial period in an effort to drive new subscriptions.

Posted Oct 26, 2004

Comtex News Network, Inc., a provider of electronic real-time news and content, has added two new information sources to its product line-up: theflyonthewall.com and Sinocast’s China Financial Watch.

Posted Oct 22, 2004

HighBeam Research, LLC has announced the launch of advertising on its HighBeam Research Engine.

Posted Oct 19, 2004

FinancialContent, Inc., a provider of financial data and business applications to online media and financial services companies, has announced the addition of two local media sites to its client roster.

Posted Oct 19, 2004

NewsGator Technologies, Inc., a RSS software platform company, has announced that a new version of NewsGator Online will now be free to consumers.

Posted Oct 19, 2004

Blackwell Publishing has announced the purchase of Food and Nutrition Press, Inc (FNP).

Posted Oct 19, 2004

Ingenta plc, the technology and services provider for the publishing and information industries, has announced changes to its management team and structure.

Posted Oct 15, 2004

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