Media Business News and Trends

ADmantX completed $2.8 million in growth funding from Atlante Ventures Mezzogiorno, the venture capital Fund of Intesa Sanpaolo, an Italian bank. ADmantX designed an advanced semantic page-level analysis that examines reader emotions, behaviors, motivations, and intentions to match ads with similar emotional appeal, without using tracking cookies. The round represents the first outside funding since ADmantX was spun off last year from Expert System.

Posted Jun 09, 2011

Interactive display advertising company Spongecell completed another round of financing, although the amount was not disclosed. Eric Schmidt, Google's executive chairman, and Jim Pallotta, chairman and managing director of Raptor Group, led the round, and other participants include Brian Rooney, board member of the Pittsburgh Steelers, and SilverHaze Partners.

Posted Jun 07, 2011

Publishers Communication Group (PCG) opened an office in New Delhi, India. PCG, a division of Publishing Technology plc (LSE: PTO), is a provider of software and services to the publishing industry and will now be offering sales and marketing activities targeting the growing academic readership in India to US and European scholarly publishers.

Posted Jun 02, 2011

Springer launched a network of job sites designed to attract and showcase talent from the Springer tools audience. The Springer network of job sites is a recruitment solution for global employers across the healthcare and life science industry, featuring more than 5,000 up-to-date job listings available at launch.

Posted Jun 02, 2011

ProQuest acquired BNI, a database for nursing and midwifery in the U.K. BNI - shortened from British Nursing Index -- has been compiled through a partnership of the libraries at Bournemouth University, Poole Hospital NHS Foundation Trust, the Royal College of Nursing and Salisbury NHS Foundation Trust. ProQuest built a long-term relationship with BNI through its distribution via Dialog, its business unit serving the professional market.

Posted Jun 02, 2011

EPiServer, a provider of software platforms that drive online engagement, conducted a survey of more than 100 companies at the Web 2.0 Expo that revealed that 34 percent of the respondents said that personalized campaigns have delivered "highly effective and measurable ROI," while 14 percent had seen "better response rate than mass-market" delivery methods such as print, TV, and newspaper advertising.

Posted May 26, 2011

Springer Science+Business Media extended its collaboration with TEMIS to work on semantic enrichment and content linking for the SpringerLink platform. SpringerLink is one of the largest distribution platforms for STM ebooks and digital journals. TEMIS's Luxid content enrichment platform combines linguistic and statistical methods to calculate semantic relatedness among SpringerLink's millions of publications.

Posted May 24, 2011

IBM unveiled new software and services to help clients more effectively gain competitive insight, optimize infrastructure and better manage resources to address internet-scale data. Using IBM's solutions, organizations will be able to integrate and analyze tens-of-petabytes of data in its native format and gain intelligence within sub-second response times.

Posted May 24, 2011

Demandware, Inc. unveiled a prototype application called Facebook Shop that lets users extend ecommerce to the more than 600 million users of Facebook by selling directly through a branded Facebook store. Through the Facebook Shop application, retailers can set up a storefront on Facebook with all of the capabilities of the Demandware Commerce platform.

Posted May 24, 2011

LinkedIn, the largest professional social network, went public with an IPO last week, with 7,840,000 shares of common stock. Of the total number of shares, 4,827,804 are being offered by LinkedIn Corp. and 3,012,196 are offered by selling stockholders. LinkedIn will not receive proceeds from the sales of shares by the stockholders.

Posted May 24, 2011

Digital publishing company YUDU Media published its latest quarterly report examining how users interact with reader Apps for the iPad and iPhone. The report is based on an analysis of 80 branded reader Apps that YUDU developed for customers, including Reader's Digest, UK, Newsmax Magazine, US Tech, The College Journal, and Runway Magazine.

Posted May 19, 2011

Trivantis, the company behind the Lectora e-learning brand, announced the company's plans to acquire its partner Flypaper Studio, Inc., providers of a Flash content creation and digital signage platform. The transaction is planned to combine Trivantis' experience in the e-learning industry with the Flash and digital signage markets targeted by the Flypaper platform.

Posted May 12, 2011

Oxygen Accelerator, a new investment program that offers technology start ups intensive mentoring and training, was launched today in Birmingham, U.K. Oxygen Accelerator will partner with Birmingham Science Park Aston (BSPA) to offer 10 teams evergreen funding of up to £20,000 (about $32,800 U.S.), which is repayable once sufficient investment is received or the business can afford to repay it. The 10 teams will attend a 13-week boot camp in BSPA starting Sept. 1, 2011, where their projects will receive direction from a team of mentors.

Posted May 10, 2011

Summit Business Media announced the approval of its pre-arranged plan of reorganization from the United States Bankruptcy Court for the District of Delaware. This move allows Summit to implement the capital restructuring plan it announced on January 25 when it filed for bankruptcy, which will eliminate more than $140 million of long-term debt.

Posted May 10, 2011

Limelight Networks, Inc. acquired AcceloWeb, a provider of technology that speeds the presentation of websites and applications. The technology offered by the Tel Aviv-based AcceloWeb will complement Limelight's web app acceleration strategy and services and improve time to action, according to Limelight, which plans to deploy the AcceloWeb solution worldwide on its compute, storage, and delivery platform.

Posted May 10, 2011

3D Systems Corporation acquired The3dStudio.com, a provider of 3D and 2D digital media libraries that offers 1.7 million resources to its more than 600,000 consumer and professional members. On the site, a community of nearly 5,000 developers and authors sell their content, which includes free and fee-based, ready-to-download 3D models, tutorials, plug-ins, software tools, stock photos, and images.

Posted May 10, 2011

DAM provider North Plains, LLC. is launching four new industry partnerships geared towards helping corporate marketing organizations create and use rich media content like video, graphics, and images across their organizations. The partnerships expand the utility and function of North Plains TeleScope digital asset management platform, and include the Aprimo marketing studio, the Equilibrium rich media delivery server, Front Porch Digital's archive and storage platform, and general support for HP infrastructure.

Posted May 05, 2011

According to the 21st Annual Survey of Federal Chief Information Officers (CIO), which was released by TechAmerica and Grant Thornton LLP, even the high-tech realm of cyber security depends more on top leadership involvement than on encryption and codes.

Posted May 05, 2011

LYRASIS, a regional non-profit membership organization for libraries, was recently awarded a grant from The Andrew W. Mellon Foundation to fund the startup of LYRASIS Technology Services (LTS), a new program that supports the adoption and use of open source software and systems in libraries.

Posted May 03, 2011

Springer acquired RTS-Recherche Transports Sécurité, a French journal on traffic and transport safety, previously published by Lavoisier. The official journal of IFSTTAR, RTS intends to secure a position as the leading resource in the transport and traffic field. Springer's distribution channels will enable RTS to increase its readership and visibility among international French-speaking researchers.

Posted Apr 26, 2011

NYU Press announced that it has been awarded a grant of $50,000 from The Andrew W. Mellon Foundation to develop and test a method of conducting open, public online peer-to-peer review of scholarly monographs and journal articles. NYUP, which is part of the NYU Division of Libraries, will work with the MediaCommons a digital scholarly network, which is affiliated with both NYU Libraries and the Institute for the Future of the Book.

Posted Apr 14, 2011

Carousel Industries, a developer of data networking and unified communications, announced that it has completed its previously announced acquisition of OmniPresence, Inc., an integrator of A/V and video conferencing services. The acquisition will allow Carousel Industries to expand its ability to seamlessly integrate its main focuses into a unified communications environment within the enterprise. Marlborough, MA-based OmniPresence will forms the core of Carousel's Visual Communications and Collaboration Group.

Posted Apr 14, 2011

WCM company CoreMedia announced the results of an international consumer survey on online user experience satisfaction. The study surveyed over 1,100 German and U.S. internet users and is designed to provide insight into consumer satisfaction with digital experiences in several areas, including website personalization and mobile website usage.

Posted Apr 14, 2011

Document management and imaging software developer V1 Document Management launched a partnership with Toronto-based ERP and CRM solutions company Bredet Services. Under the terms of the partnership, Bredet Services will endorse V1 Document Management's solutions to its Sage and Microsoft customers.

Posted Apr 07, 2011

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