Media Business News and Trends

Open Text Corporation, an enterprise content management (ECM) software vendor, has announced that a total of 19,135,455 shares of IXOS Software AG, representing approximately 88% of the ordinary share capital and voting rights of IXOS, have been tendered under the tender offer to its wholly-owned subsidiary, 2016091 Ontario Inc.

Posted Feb 27, 2004

eiStream Inc, a provider of enterprise content process management solutions, has announced the acquisition of Identitech's Business Process Management (BPM) systems business.

Posted Feb 24, 2004

Dow Jones & Company has signed an agreement to acquire the stock and assets comprising the Alternative Investor Group of Wicks Business Information, LLC for a cash purchase price of $85 million, including net working capital (Dow Jones will assume no debt in the transaction).

Posted Feb 24, 2004

Verity Inc. has entered into a definitive agreement to acquire the intellectual property, certain customer agreements and other strategic assets of NativeMinds Inc., a privately held software company and provider of integrated self-service solutions.

Posted Feb 20, 2004

Pronto Networks, a provider of carrier-class OSS solutions for large Wi-Fi hot spot networks, has announced the closing of $11.3 million in Series B funding.

Posted Feb 10, 2004

Moreover Technologies has released research into knowledge worker's information consumption that indicates how Intranets have thus far failed to make significant in-roads into the public Internet's dominance as the primary information resource for many knowledge workers.

Posted Feb 10, 2004

Authentica, Inc., a provider of enterprise digital rights management (E-DRM) software, has announced the appointment of Symantec and Counterpane veteran John Bruce as CEO, and the securing of $8 million in additional funding from investors North Bridge Venture Partners, Greylock, 3i US, Norwest, Venrock, and Symantec.

Posted Feb 10, 2004

Blast Radius, a technology solutions company, and Corel, a software developer, have signed an agreement whereby Blast Radius will acquire all assets of Corel's XMetaL division.

Posted Feb 10, 2004

Verity Inc. and Cardiff Software Inc., a privately-held supplier of technology that enables the capture and automation of dynamic business information, have announced a definitive agreement for Verity to acquire Cardiff in a transaction with an aggregate purchase price of approximately $50 million in cash, adjusted for Cardiff's net cash balance as of December 31, 2003.

Posted Feb 06, 2004

Open Text Corporation, an enterprise content management (ECM) vendor and provider of Livelink collaboration and knowledge management software, has announced that, based on preliminary results, in excess of 15,000,000 shares of IXOS Software AG, representing over 70% of the outstanding IXOS shares, have been tendered during the initial acceptance period under the offer by its wholly-owned subsidiary, 2016091 Ontario Inc.

Posted Feb 06, 2004

The Special Libraries Association has expanded accessibility to its online content by integrating language translation services from WorldLingo.

Posted Jan 30, 2004

A joint task force of the publishing and library communities has developed and published a Uniform Resource Identifier (URI) scheme aimed at the identification of information assets.

Posted Jan 20, 2004

Salon Media Group, Inc., has announced that during December 2003 it secured new financing totaling $800,000 from two investors: Wenner Media Inc. chairman and Rolling Stone magazine founder Jann Wenner and Salon board member and co-chairman of Adobe Systems John Warnock.

Posted Jan 20, 2004

MarketWatch.com, Inc. and Pinnacor Inc. have announced the closing of the merger of the two companies through the formation of a new holding company that will continue to be named MarketWatch.com, Inc. and will continue to trade on the Nasdaq National Market under the symbol "MKTW."

Posted Jan 20, 2004

TACODA Systems, a company that helps online publishers target online advertising by combining affinity, demographic, and behavioral data, has partnered with Quova, Inc., a provider and developer of Web geography services and technologies, to enhance the targeting of its flagship Audience Management System (AMS).

Posted Jan 20, 2004

Infotrieve, Inc., a provider of outsourced document delivery and information services to corporations, academic institutions, and individuals, announced the completion of a $21.8 million round of financing.

Posted Jan 20, 2004

Interwoven, Inc., an enterprise content management (ECM) company, has closed the acquisition of Component Insights India Private Limited, a 20-person software development company based in Bangalore, India.

Posted Jan 16, 2004

iPhrase Technologies, Inc., a provider of search and online customer interaction solutions, has announced the acquisition of San Francisco-based Banter Systems, Inc., a provider of automatic classification software used to understand unstructured content and informal communications.

Posted Jan 13, 2004

Information Today, Inc. (ITI) has released information on its Buying & Selling eContent Conference, Web Search University, and a new event, Enterprise Search Summit.

Posted Jan 09, 2004

Kubi Software, Inc. has raised $8 million in Series C financing from venture-capital firms.

Posted Jan 09, 2004

TheStreet.com, Inc., a multimedia provider of financial research, commentary, analysis, and news, has announced that its wholly owned subsidiary, Independent Research Group LLC (IRG), has commenced in-house execution of equity trades on behalf of its institutional clients on the NYSE, AMEX, and Nasdaq marketplaces.

Posted Jan 09, 2004

SealedMedia Inc., a provider of enterprise document and email security solutions, has secured $8M in additional funding and has appointed a new CEO, George Everhart.

Posted Jan 09, 2004

STARBAK Communications, Inc., a provider of rich media solutions, has announced the promotion of Gregory Casale to CEO of the company.

Posted Jan 06, 2004

FinancialContent, Inc., a provider of financial data and business applications to online media and financial services companies, has announced the completion of a $1 million private placement.

Posted Jan 06, 2004

Information Today, Inc. (ITI) has announced the cancellation of the National Online Meeting in New York City.

Posted Dec 23, 2003

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