Media Business News and Trends

Hoover's, Inc. announced the official launch of Hoover's Connect--a business networking tool that helps users get introduced to and establish relationships with targeted prospects.

Posted Feb 01, 2008

Amazon.com, Inc. has reached an agreement to acquire Audible Inc.

Posted Feb 01, 2008

Inform Technologies, a technology solution for established media brands, has received a $15 million investment from Spark Capital, a Boston-based venture fund focused on the intersection of the media, entertainment, and technology industries.

Posted Jan 25, 2008

Eduventures, a learning collaborative research and consulting company, and Outsell, Inc., a syndicated research and advisory firm for companies in the information industry, jointly announced Outsell's acquisition of Eduventures' business research division.

Posted Jan 25, 2008

Openads, a developer of a free, open source ad server, announced the completion of its Series B financing.

Posted Jan 18, 2008

Metaweb Technologies, Inc., a company creating a new infrastructure for sharing data and building applications on the web, announced that it has received a $42.5 million investment.

Posted Jan 18, 2008

Sun Microsystems, Inc. has entered into a definitive agreement to acquire MySQL AB, an open source provider and developer of open source databases for approximately $1 billion in total consideration.

Posted Jan 18, 2008

Oracle Corporation and BEA Systems have entered into a definitive agreement under which Oracle will acquire all outstanding shares of BEA for $19.375 per share in cash.

Posted Jan 18, 2008

Microsoft Corp. announced that it will make an offer to acquire Fast Search & Transfer ASA, a provider of enterprise search solutions, through a cash tender offer for 19.00 Norwegian kroner (NOK) per share.

Posted Jan 11, 2008

Connecticut Innovations (CI), the state's quasi-public authority responsible for technology investing and innovation development, announced that it has provided seed funding of $500,000 to frevvo Inc., through its Seed Investment Fund.

Posted Jan 08, 2008

A new meaning-based search engine haikia.com has raised a $5 million investment from Prokom Investments S.A., a current shareholder.

Posted Jan 08, 2008

MultiMedia Intelligence identifies its 2007 macro trends that will have the greatest future impacts.

Posted Jan 04, 2008

In 2008, advertisers are expected to spend $1.6 billion--a rise of 69% over the $920 million they spent in 2007, according to a new eMarketer report.

Posted Dec 28, 2007

EMC Corporation, a profider of information infrastructure solutions, and Document Sciences Corporation announced that they have signed a definitive agreement whereby EMC will acquire publicly-held Document Sciences Corporation.

Posted Dec 28, 2007

CDNetworks, a global, full service content delivery network (CDN), announced a strategic private investment of US $96.5 million led by Oak Investment Partners, with co-investment from Shinhan Private Equity and Goldman Sachs International.

Posted Dec 28, 2007

IBM announced it has entered into an agreement to acquire Solid Information Technology, a privately-held company based in Cupertino, California, and Helsinki, Finland that provides in-memory database software.

Posted Dec 28, 2007

Google has welcomed the U.S. Federal Trade Commission's clearance of its planned acquisition of DoubleClick Inc., a provider of display ad serving technology and services.

Posted Dec 21, 2007

Acquia, Inc. announced it has secured $7 million in a Series A financing led by North Bridge Venture Partners, with additional investment from Sigma Partners and O'Reilly AlphaTech Ventures.

Posted Dec 21, 2007

Velocity Interactive Group, a new global digital media and communications investment firm, was unveiled as a result of a merger between Velocity, the firm founded by Ross Levinsohn and Jonathan Miller, and ComVentures and its venture investors, David Britts, Keyur Patel and Roland Van der Mee

Posted Dec 21, 2007

Outsell, Inc., a syndicated research and advisory firm for the information industry, worldwide, has released a new report estimating the worldwide market for Social Media Market Intelligence (SM-MI) at just over $80 million in 2007.

Posted Dec 18, 2007

Streamezzo, a provider of rich media solutions and platforms for mobile communications, announced it has secured Round C financing totaling over $22 million.

Posted Dec 18, 2007

NewsGator Technologies, Inc., a provider in RSS and Enterprise 2.0, announced that it has closed a $12 million round of funding.

Posted Dec 14, 2007

Amazon.com announced it has signed an agreement with Bill Me Later, Inc., a provider of alternative payment technologies, to make the Bill Me Later payment option available on the Amazon.com website.

Posted Dec 14, 2007

Mochila, an online media marketplace for text, video, and photo content, announced several developments in the online content syndication space.

Posted Dec 14, 2007

Kosmix announced a $10 million investment led by new investor DAG Ventures with additional participation from current investors, Accel and Lightspeed, giving it a strong cash position to accelerate growth in the marketplace.

Posted Dec 14, 2007

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