Media Business News and Trends

Morningstar, Inc., a provider of independent investment research, announced it has acquired the global financial filings database business of Global Reports LLC, a provider of online financial and Corporate and Social Responsibility (CSR) reports.

Posted Apr 24, 2009

Oracle Corporation and Sun Microsystems announced they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash.

Posted Apr 21, 2009

IBM announced the closing of the acquisition of Outblaze, Ltd's messaging assets.

Posted Apr 17, 2009

Nirvanix, an enterprise Cloud Storage service provider, announced that it has raised an additional $5 million in funding.

Posted Apr 17, 2009

StoredIQ Inc., a provider of Intelligent Information Management and eDiscovery technologies, announced that it has closed an $8 million investment financing from its existing investors, including S3 Ventures and Techxas Ventures.

Posted Apr 17, 2009

Macrovision Solutions Corporation, a digital entertainment technology provider, and Muze, Inc., a provider of entertainment information products and discovery services, announced a definitive agreement for Macrovision to acquire all of the assets of Muze, Inc.

Posted Apr 17, 2009

Online advertising network and technology provider Collective Media has announced that it has closed $20 million in growth equity financing with Accel Partners, in conjunction with iNovia Capital.

Posted Apr 14, 2009

Enterprise Wiki vendor Socialtext has just closed a new round of financing, totaling approximately $4.5 million, from existing investors which participated in this round, including Draper Fisher Jurvetson, Omidyar Networks, and University Venture Fund.

Posted Apr 14, 2009

Adapx, which makes software that digitizes handwritten notes, has raised $9 million in a second round of funding led by new investor UV Partners.

Posted Apr 14, 2009

Seattle-based TalentSpring, Inc. has announced that its open funding round, in which it secured $1.6 million in investment from Second Avenue Partners and private investors, is now closed.

Posted Apr 14, 2009

CMS Watch released the report, "The XML & Component Content Management Report 2009," which found that XML/CCM technology buyers require new strategies.

Posted Apr 10, 2009

Outsell, Inc. has scaled down growth projections for the information industry because of the economic downturn in a new report, "What is Good Performance in 2009?"

Posted Apr 10, 2009

The Software & Information Industry Association (SIIA), a trade association for the software and digital content industries, announced the filing of 17 new online piracy lawsuits.

Posted Apr 10, 2009

Elsevier, a global publisher of scientific, technical, and medical information products and services, announced the acquisition of the assets of Professional Development Software, Inc.

Posted Apr 10, 2009

Open Text, a provider of Enterprise Content Management (ECM), announced that it has acquired Toronto-based Vizible Corporation, a privately held maker of digital media interface solutions delivered via a publishing platform that enables syndication and analytics.

Posted Apr 10, 2009

Socialcast, a provider of on demand social business communication software, announced it has secured $1 million in Series A venture capital funding from True Ventures.

Posted Apr 10, 2009

DoubleTwist, a company which offers a unifying media platform to connect consumers with all their media and all their devices, regardless of whether they are online or offline, has raised $5 million in a round of funding.

Posted Apr 10, 2009

Purdue and Rutgers universities will co-lead an international research and education group in a six-year, $30 million U.S. Department of Homeland Security center to create methods and tools to analyze and manage information for all mission areas of homeland security.

Posted Apr 07, 2009

Glam Media has raised $10 million in a fifth round of funding for its Japanese and German operations.

Posted Apr 07, 2009

Google has agreed to pay plaintiffs in the AdWords lawsuit $20 million, according to reports. Google also announced it is discontinuing its Video AdSense program.

Posted Apr 03, 2009

TweetDeck, a provider of free software designed to organize Twitter streams, has raised $300K in seed funding led by Betaworks.

Posted Mar 31, 2009

Greenhill SAVP announced it has invested in Flat World Knowledge ("Flat World"), a publisher of open source commercial textbooks.

Posted Mar 27, 2009

Engineering, technical, and industrial professionals are still working on specific types of projects, and specifying and purchasing products and services despite the economy, according to results of the 2009 GlobalSpec Economic Outlook Survey.

Posted Mar 24, 2009

Linkstorm, an online advertising technology company, announced the completion of a funding round of $2.8 million from several new and repeat Angel investors.

Posted Mar 24, 2009

Scott Abel of The Content Wrangler Interviews Quark's Michael Boses about the Need for User-Friendly XML Authoring Tools and the Role of Structured Content in Dynamic Publishing

Posted Mar 22, 2009

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