Media Business News and Trends

Visible Technologies, a provider of social intelligence solutions, obtained an investment totaling $6 million, making a total of $45 million of funding secured to date from Investor Growth Capital (IGC), Centurion Holdings, Ignition Partners, In-Q-Tell, and WPP. The funding will reportedly be used to enhance sales and grow the company's international footprint, as social media used by businesses becomes increasingly popular.

Posted Apr 05, 2011

The Independent Scholarly Publishers Group (ISPG) announced that the Publishers Communication Group (PCG) will be representing its content in Europe. The ISPG collection includes well-known journals and is hosted on the HighWire platform. PCG, a division of Publishing Technology, will supply European market sales expertise and represent the complete collection of ISPG content to institutions and consortia throughout the region.

Posted Mar 29, 2011

New research released by Publishing Technology at BML's annual Books & Consumers Conference found that a third of UK trade publishers surveyed predict that over 10% of their total book revenue will come from ebooks by 2012. The research project was conducted by BML and aimed to survey a selection of hand-picked senior executives at top publishers in the UK publishing industry.

Posted Mar 24, 2011

According to figures released by DisplaySearch, Apple is now the dominant seller of mobile computers based on units sold, thanks in large part to sales of its popular iPad tablet. The company sold a total of 10.2 million mobile computers (which includes both laptops and tablets) during the fourth quarter of 2010, seizing 17.2% of the total market. Its nearest competitors were HP and Acer, which held shares of 15.6% and 14% respectively.

Posted Feb 17, 2011

Access Intelligence will be closing a deal on Feb. 18, to acquire Red 7 Media, producer of event industry brands such as EXPO, Event Marketer, Event Design, and Best Events. AI also recently purchased OR Manager, a media brand and events company targeting OR doctors and managers. Red 7's brands will form a new division in AI, dubbed the Media and Event Marketing Group. The division will be overseen by Kerry Smith, founder and president of Red 7. Smith will also become an SVP at AI.

Posted Feb 17, 2011

TweetDeck, a popular third-party Twitter client, has been purchased by UberMedia-the owner of Echofon, Twidroyd, and UberTwitter, according to TechCrunch.

Posted Feb 15, 2011

Carousel Industries, which develops data networking and unified communications products, signed a letter of intent to acquire the assets of Marlborough, MA-based OmniPresence, Inc. OmniPresence, which integrates audio-visual and visual collaboration services, will form the basis for Carousel's Visual Communications and Collaboration Group once the acquisition is completed.

Posted Feb 10, 2011

SpotOption Ltd. has announced their latest strategic decision - selling their B2C operation, TraderXP. After a successful week in London at the International Gaming Exhibition and London Affiliate Conference, SpotOption made the decision to concentrate the core of their business on their B2B operation and made the sale to a private buyer in the gaming industry.Established in 2009, TraderXP allows end-users from around the world to trade binary options. The advanced, reliable platform was conceived just after the creation of binary options trading, making it a forerunner of the industry.

Posted Feb 08, 2011

Mobile workforce data protection leader attracts funding to fuel growth after signing multiple new channel partnership agreements.Datacastle, a provider of mobile workforce data protection solutions, announced completion of a $2 million financing. The company's latest funding round is led by CM Capital and Haag Ltd., both of Australia. The financing comes on the heels of several recently-announced agreements including relationships with Seagate i365, Systemax MISCO Germany, and Computerlinks to distribute Datacastle's endpoint backup and data protection solution - Datacastle RED.

Posted Feb 08, 2011

NexGen Storage, a provider in SAN storage for virtual server environments, announced it has secured Series A financing led by Grotech Ventures with participation from Access Venture Partners. The financing round will be used to accelerate product availability and recruit additional talent. NexGen Storage's innovative storage area network (SAN) solutions deliver deterministic performance and Quality of Service (QoS) for virtual server environments.

Posted Feb 08, 2011

AOL Inc. announced that it has entered into a definitive agreement to acquire The Huffington Post for $315 million, the news, analysis, and lifestyle website founded in 2005, which now counts nearly 25 million unique monthly visitors.The new group will have a combined base of 117 million unique visitors a month in the United States and 270 million around the world. Following the close of this transaction, AOL will accelerate its strategy to deliver a scaled and differentiated array of premium news, analysis, and entertainment produced by thousands of writers, editors, reporters, and videographers around the globe.

Posted Feb 07, 2011

Copyright Clearance Center, Inc. established a referral partnership with the Association of Learned and Professional Society Publishers (ALPSP), in which ALPSP members can earn revenue from their online content through CCC's Rightslink Plus service at a discounted rate. Rightslink makes it possible to license text and multimedia direct from publishers' online content.

Posted Feb 03, 2011

Bloomberg announced a new real-time search and analytics console for Bloomberg Vault, the compliance solution that integrates real-time monitoring, search analytics, and archiving of Bloomberg messaging and corporate email.

Posted Feb 01, 2011

Hearst Corp. has made a binding cash offer of €651 million (about $890 million U.S.) for Lagardère's international press and magazine business. The offer includes 102 titles in 15 countries, including the U.S., Russia, Ukraine, Italy, Czech Republic, Canada, Taiwan, and Mexico, as well as 50 websites and many mobile and tablet applications.

Posted Feb 01, 2011

Accumulate UK Limited announced that it has rebranded as Flexion. The move comes in response to the huge success of the Flexion product. Through its wrapper technology Flexion enables a range of additional services, especially billing and DRM, to be applied to mobile content without changing the original source code.

Posted Jan 27, 2011

The New York Times is considering launching a Wikileaks-style site to make it easier for sources to provide leaked documents to the news organization, according to an interview with executive editor Bill Keller. Speaking with Yahoo! News's The Cutline, Keller indicated that the system could potentially be modeled after Al Jazeera's Transparency Unit, a similar concept that launched earlier this month.

Posted Jan 27, 2011

College textbook publisher Flat World Knowledge has secured $15 million in Series B funding from Bertelsmann Digital Media Investments (BDMI) and Bessemer Venture Partners, as well as Valhalla Partners, GSA Venture Partners, High Peaks Venture Partners, and other angel investors.

Posted Jan 25, 2011

CipherOptics announced a company-ide rebranding initiative with a new name and logo. The company also outlined its strategy for support of secure cloud connectivity, along with a data security plan for customers migrating from distributed networking to private clouds and public cloud infrastructures.

Posted Jan 20, 2011

ChaCha, which achieved a significant financing round in the fourth quarter of 2010 according to analysts, closed $3 million of additional funding-including $900,000 of outstanding warrants from new investor Qualcomm Ventures. This extends the round led by Silicon Valley investors VantagePoint Venture Partners, and Rho Ventures in October 2010. ChaCha is a free, real-time answers service, and has answered over a billion questions since inception.

Posted Jan 20, 2011

Techlightenment, a U.K.-based provider of social media marketing tools, has been acquired by Experian, the global information services company.

Posted Jan 18, 2011

Baynote, announced that it has closed a $13 million Series C financing round. The investment round was led by SingTel Innov8, the corporate venture arm of the SingTel Group. All existing investors, including Hummer Winblad, Steamboat Ventures, and JK&B Capital also participated in the round. Baynote also announced that former SAP executive Doug Merritt has been named president and CEO.

Posted Jan 13, 2011

TagMan, a tag management system with real-time attribution for enterprise e-commerce, announced it has closed $2.25 million in Series A funding led by Greycroft Partners. Other investors in the round include iNovia Capital and Angels. TagMan previously raised $2.1 million in Angel funding, the most recent in February 2010 led by Cambridge Angels and the London Business School E100.

Posted Jan 13, 2011

Enterprise cloud computing company Salesforce.com announced it has completed its acquisition of Dimdim for approximately $31 million in cash. Founded in 2007, Dimdim develops real-time communication technologies, including presence, messaging and screen sharing. According to Salesforce.com, the company will use the acquisition to bring new real-time communication capabilities to the Chatter collaboration platform.

Posted Jan 13, 2011

Access Intelligence (AI) has acquired OR Manager, a media brand and events company serving operating room executives, managers, and doctors. OR Manager's suite of publications, webinars, books, and an annual conference will become part of AI's healthcare business information group, Dorland Health.

Posted Jan 11, 2011

MedTech Media, LLC's founder Neil Rouda has sold MedTech Media to the Healthcare Information and Management System Society (HIMSS). Berkery, Noyes & Co., LLC assisted in negotiations of the transaction.

Posted Jan 11, 2011

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