Media Business News and Trends

Digg, Inc., a social news site, announced a corporate expansion program funded by a $28.7 Million Series C investment round led by Highland Capital Partners.

Posted Sep 26, 2008

Information Security contract spending by the U.S. federal government will grow at a 7.9% five-year compounded annual growth rate, from $6.6 billion in 2008 to $9.6 billion by 2013, according to INPUT.

Posted Sep 23, 2008

Microsoft Corp. announced that its board of directors approved a new share repurchase program authorizing up to an additional $40 billion in share repurchases with an expiration of September 30, 2013.

Posted Sep 23, 2008

Cisco has announced its intent to acquire privately held Jabber, Inc., a provider of presence and messaging software.

Posted Sep 23, 2008

WEbook.com, an online platform, announced the company has closed more than $5 million in funding.

Posted Sep 19, 2008

BitTorrent Inc. has raised $17 million in a third round of funding according to PEHub.

Posted Sep 19, 2008

Finjan Inc., a provider of secure web gateway solutions for the enterprise market, announced the findings of its web security survey of 1387 IT/Security professionals conducted during July 2008.

Posted Sep 16, 2008

Pixsy Corporation, a B2B provider of private label video and image search, announced a distribution relationship with Infoplease, a reference web site.

Posted Sep 16, 2008

Google has bought Korea-based blogging software provider TNC.

Posted Sep 16, 2008

Lookery, an advertising and user-targeting network operating on or around social networks, raised $2.25 million in funding.

Posted Sep 09, 2008

Pressmart Media Limited, a print-to-digital delivery service, announced that it has secured a $6 Million funding from two Venture Capital firms.

Posted Sep 09, 2008

Secure Computing Corporation, an enterprise gateway security company, announced it has signed a definitive agreement to acquire Securify, a provider of identity-based monitoring solutions, for approximately $15 million plus an earn-out of up to $5 million.

Posted Sep 05, 2008

Royal Philips announced that it has assumed full ownership of its former joint venture Teletrax, the global broadcast intelligence company.

Posted Sep 05, 2008

Greenfield Online, Inc., an interactive media and services company and owner of Ciao GmbH, one of Europe's price comparison, shopping, and consumer reviews sites, announced that it entered into a merger agreement to be acquired by Microsoft Corporation.

Posted Sep 05, 2008

Open Text Corporation, a global provider of Enterprise Content Management (ECM), and Captaris, Inc., a provider of software products that automate document-centric processes, announced a definitive merger agreement in which a wholly owned subsidiary of Open Text will acquire Captaris.

Posted Sep 05, 2008

Fios Inc. announced that it has formed strategic partnerships with three technology providers in the e-discovery market.

Posted Aug 29, 2008

IntApp Inc., the provider of risk management, time capture, and integration software for the legal industry, and Recommind, provider of enterprise search, email management, and eDiscovery systems for enterprises and law firms, announced a partnership to deliver enhanced information access and confidentiality controls for the legal industry.

Posted Aug 29, 2008

Technorati, provider of blog search technology, announced the acquisition of Blogcritics.org, an online community of bloggers and a full service news and reviews source.

Posted Aug 29, 2008

Tucows Inc., provider of Internet services to web hosting companies and ISPs worldwide, announced the results of an industry survey conducted by its reseller services group OpenSRS at the HostingCon 2008 conference in Chicago last month.

Posted Aug 26, 2008

According to a new report by analysts Forrester Research, businesses are exposing themselves to increasing operational risk and costs because of inadequate database archiving strategies.

Posted Aug 26, 2008

Demandbase, which offers On Demand software, has received eight million dollars in venture funding from Adobe Systems, Altos Ventures, and Sigma Partners. The company has also announced the release of Demandbase Stream, a free downloadable web application.

Posted Aug 26, 2008

in its eagerness to make an impact in the enterprise search marketplace—a sector it has yet to satisfactorily conquer—Microsoft may have overlooked, or been inclined to dismiss, a number of apparent accounting irregularities on Fast Search & Transfer's books when it acquired the Norwegian search company for $1.2 billion in January 2008. The problems were no secret even then—inquiries related to FAST's accounting practices during the press conference call announcing the acquisition were met with pregnant pauses and "no comments"—but the story has grown more embarrassing for Microsoft in recent weeks as more details emerge about FAST and amid reports in the Norwegian press that the matter may come under criminal investigation.

Posted Aug 15, 2008

LiveRail announced the release of Junction, a free service for video publishers to select, optimize, display, and track video advertising from multiple sources.

Posted Aug 15, 2008

RoyaltyShare, Inc., a provider of digital royalty solutions to the entertainment industry, announced an extension to its Series B round of financing with an investment from the William Morris Agency.

Posted Aug 15, 2008

Lijit Networks, Inc., a company that provides search-powered applications for both individual online publishers and online publisher networks, announced that it has closed a $7.1M series C round of financing.

Posted Aug 15, 2008

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