Media Business News and Trends

The Financial Times has acquired MandateWire, a London-based provider of information on European pension mandates.

Posted Aug 18, 2009

Venture capital firm Kohlberg Ventures has invested $2.5 million in online bookstore operator Akademos.

Posted Aug 14, 2009

Boxee, roughly a year after completing its Series A funding, has received a $6 million investment led by Boston firm General Catalyst, with participation by Spark Capital and Union Square Ventures, both of which had invested in Boxee before.

Posted Aug 14, 2009

Facebook has reached a deal to acquire FriendFeed, a service for sharing online.

Posted Aug 14, 2009

i4i, Inc., a Toronto-based software firm, which won a copyright infringement lawsuit against software giant Microsoft in May, saw that judgment upheld in a U.S. District Court ruling.

Posted Aug 14, 2009

Datamonitor Group has announced the integration of its three technology businesses (Butler Group, Datamonitor Technology and Ovum) under the Ovum brand as of September 1, 2009.

Posted Aug 11, 2009

Practice Fusion Inc., a provider of free, web-based physician practice applications, announced an investment from salesforce.com, an enterprise cloud computing company.

Posted Aug 11, 2009

Publicis Groupe SA and Microsoft Corporation jointly announced that they have signed an agreement under which Publicis Groupe will acquire Razorfish, a digital marketing agency, in a transaction valued at approximately $530 million, expected to be provided in a combination of cash and Publicis Groupe treasury shares.

Posted Aug 11, 2009

StockTwits, an Twitter-based business news service that bills itself as "Bloomberg for the little guy," has announced a campaign in conjunction with the Nasdaq Stock Market, Inc., called Data Junkies.

Posted Aug 07, 2009

Financial information service Edgar Online has hired investment bank Jordan, Edmiston Group in an effort to boost its strategic investment potential, www.paidcontent.org reports.

Posted Aug 07, 2009

Apperian, which makes iPhone applications for large companies, closed on a $1 million Series A venture capital round led by CommonAngels, a group that specializes in technology investment.

Posted Aug 07, 2009

Web publishing platform Buzzr.com has acquired ecommerce site Tipzu.com.

Posted Aug 07, 2009

Scenios, LLC, has announced initial details of its funding in preparation for the September beta launch of their cloud-based digital asset management platform.

Posted Aug 07, 2009

Genealogy research site Ancestry.com has filed for an IPO and plans to raise about $75 million in the offering, according to an SEC filing.

Posted Aug 07, 2009

Openwave Systems Inc., a software innovator, has announced that Telstra, Australia's telecommunications and services company, has selected Openwave Mobile Analytics, a solution that provides Telstra capabilities across its mobile device portfolio, including smartphones and feature phones, iPhone traffic, netbooks and other mobile-capable devices.

Posted Aug 04, 2009

Alfresco Software, a provider of open source enterprise content management (ECM), announced the expansion of its North and South American partner program for system integrators (SI) in response to increasing demand.

Posted Aug 04, 2009

Apple announced that Dr. Eric Schmidt, chief executive officer of Google, is resigning from Apple's Board of Directors, a position he has held since August 2006.

Posted Aug 04, 2009

UK voice-to-text firm SpinVox, which was last week finalizing a new funding injection, has in fact secured those new funds.

Posted Aug 04, 2009

Private investment firm HIG Capital has taken a stake in Dutch B2B publisher VNU Media, alongside majority shareholder, PE firm 3i.

Posted Aug 04, 2009

The Federal Communications Commission has opened an investigation due to AT&T's decision to reject Google's voice app on the iPhone.

Posted Aug 04, 2009

New York-based digitization company Digital Divide Data (DDD) has announced that it will open a fifth office in Oxford, U.K., to serve its European client base.

Posted Jul 31, 2009

Online database company EBSCO Publishing has thrown the over-55 crowd a bone with its acquisition of the AgeLine database from AARP.

Posted Jul 31, 2009

IBM added to its security portfolio with its acquisition of Ounce Labs, Inc., a privately owned Massachusetts enterprise source code security testing company, for an undisclosed amount.

Posted Jul 31, 2009

LibreDigital, Inc. has closed a $15 million Series B funding round to support the expansion of its marketing and development of the company's digital platform.

Posted Jul 31, 2009

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