Media Business News and Trends

TOWER Software, an enterprise content management (ECM) solutions company and Vital Path, a content integration solutions company, have announced a partnership.

Posted Aug 24, 2007

DivX, Inc, a company that creates products and services designed to improve the experience of media, has acquired the assets of Veatros, L.L.C.

Posted Aug 24, 2007

Medio Systems, Inc., a provider of mobile search and advertising solutions, has announced its acquisition of mobile development company Suhari LLC.

Posted Aug 24, 2007

Video site Metacafe announced it has raised $30 million in Series C financing. The round was led by new investors Highland Capital Partners and DAG Ventures.

Posted Aug 24, 2007

Royal Swets & Zeitlinger’s, a subscription services company, current group of shareholders have agreed to sell 100% of the shares in the company.

Posted Aug 24, 2007

Open Text, a provider of Enterprise Content Management software and solutions, announced plans for an integrated solution with Microsoft software.

Posted Aug 21, 2007

Jive Software has received $15 million in funding from Sequoia Capital.

Posted Aug 21, 2007

Fast Search & Transfer has conducted a thorough internal review of its operations, resulting in a realignment plan.

Posted Aug 21, 2007

MediaSpan, a provider of digital content management, online marketing, and national advertising solutions, has announced that it will move its headquarters to Ann Arbor, MI from Raleigh, NC.

Posted Aug 17, 2007

Semantra, an enterprise search company, has secured $3.8 million in equity funding from current investor CPMG, Inc.

Posted Aug 17, 2007

The Software & Information Industry Association, a trade association for the software and content industry, has announced the first settlement in its Corporate Content Anti-Piracy Program (CCAP).

Posted Aug 17, 2007

OCLC, a library cooperative, has opened an office in Beijing.

Posted Aug 14, 2007

Legal electronic publisher Justis Publishing Ltd. has signed an agreement with TimeBase Pty. Ltd. to index Australian Commonwealth Cases on its legal reference citator service, JustCite.

Posted Aug 14, 2007

Cynergy Systems, Inc., an Internet application (RIA) design and development company, has announced the opening of its Sydney, Australia offices.

Posted Aug 14, 2007

JS-Kit, a provider of web services, has secured $1.2m in seed funding from The Entrepreneurs' Fund 3, which will expand JS-Kit into its A-round.

Posted Aug 14, 2007

Microsoft Corp. has completed its acquisition of aQuantive Inc. The acquisition is intended to help Microsoft deliver on its previously outlined goal to provide the advertising industry with a platform across devices and media that will enhance the experiences of users, advertisers, and publishers.

Posted Aug 14, 2007

Akamai Technologies, a service provider for online content and applications, has released a study, conducted by JupiterResearch, exploring two fundamental elements related to the future success of online video: consumer preferences around video consumption and consumer reaction to low-quality viewing experiences.

Posted Aug 10, 2007

For the first time since 1997, consumers spent less time with media in 2006 than they did the previous year, as media usage per person declined 0.5% to 3,530 hours, due to changing consumer behaviors and digital media efficiencies, according to exclusive data released today by Veronis Suhler Stevenson (VSS), a private equity firm.

Posted Aug 10, 2007

A survey by Attfield Dykstra & Partners, commissioned by Springer Science+Business Media, finds that the SpringerLink eBook program with currently more than 18,000 titles has been accepted by university libraries.

Posted Aug 10, 2007

Dell announced it has entered into an agreement to acquire privately-held ZING Systems Inc., a consumer technology and services company that focuses on audio and entertainment devices. Terms were not disclosed, and the purchase will not be final until all closing conditions are met. Dell plans to use ZING and its capabilities for the entertainment experiences it provides its customers.

Posted Aug 10, 2007

NDS Group Plc, a provider of technology solutions for digital pay-TV, has announced the acquisition of 100% of the share capital of CastUp Inc, a company focused on solutions for management and delivery of video over the Internet, for purchase price of $11.3 million in cash plus additional payments to employees and senior management.

Posted Aug 10, 2007

Scripps Networks has acquired Incando Corporation, its second new media purchase in less than a month.

Posted Aug 10, 2007

Passenger, the software-as-a-service company that enables brands and customers to collaborate within the social context of a private online community, has announced that it has secured $8.3 million in Series B funding led by Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company.

Posted Aug 10, 2007

Hearst Corporation has announced that it will acquire Kaboodle, Inc., a social shopping community where consumers discover, recommend and share products. Kaboodle , which will become a wholly-owned subsidiary of Hearst, will be managed by both Hearst Interactive Media and Hearst Magazines Digital Media unit.

Posted Aug 10, 2007

Canaan Partners, a $2.4 billion global venture capital firm, has announced it has led a $10 million, Series B investment in Associated Content, an online publisher known as "The People's Media Company".

Posted Aug 07, 2007

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