Media Business News and Trends

After witnessing many econtent companies start up, grow, sometimes die, occasionally go public, and often be acquired over the past (gasp) 24 years, I've finally come to the realization that the best companies follow a defined birth and growth process. Initial sparks of an idea typically come from a founder who identifies a market problem that is solved by technology. The founder-turned-entrepreneur then either self-funds or finds seed funding to build an initial product, which is typically released into the marketplace after months or years of development effort. So far, so good.

Posted May 01, 2007

CastTV Inc. has announced that it has secured $3.1 million in financing through a Series A investment led by Draper Fisher Jurvetson.

Posted Apr 27, 2007

The U.K.-based Autonomy has exercised an option to take over the consumer site Blinkx.

Posted Apr 27, 2007

SDL International, a provider of Global Information Management (GIM) solutions, has signed an agreement subject to, inter alia, shareholder approval to acquire Tridion, a provider of Web Content Management (WCM) solutions.

Posted Apr 27, 2007

IBM has announced that the U.S. Department of Homeland Security (DHS) has approved the IBM Global Name Scoring software under the Support Anti-terrorism by Fostering Effective Technologies Act of 2002 ("SAFETY Act").

Posted Apr 24, 2007

Podbridge Inc., a video and audio podcast advertising service, has closed a new round of venture funding totaling $8.5 million.

Posted Apr 24, 2007

Google has acquired Marratech's video conferencing software, which will enable from-the-desktop participation for Googlers in videoconference meetings wherever there's an internet connection.

Posted Apr 24, 2007

Chockstone Inc., a provider of customer loyalty marketing programs and stored value solutions, has acquired Peppercoin, a provider of card-based merchant loyalty programs and related consulting and analytical services.

Posted Apr 20, 2007

SpringCM, a provider of on-demand content management solutions, has appointed Dan Carmel as the SpringCM chief executive officer.

Posted Apr 20, 2007

The Board of Directors of Nstein Technologies has announced the appointment of Luc Filiatreault as president and chief executive officer of the company.

Posted Apr 17, 2007

INTENT MediaWorks, a provider of technology for the distribution of licensed digital media content and advertising via the Internet, has announced it has closed $10 million in Series B funding.

Posted Apr 17, 2007

Dow Jones & Company has entered into agreements to acquire eFinancialNews Holdings Ltd., a private U.K. company, for net cash consideration of £26.1 million, subject to a working capital adjustment.

Posted Apr 17, 2007

Google has announced its acquisition of DoubleClick, which provides online ad serving and management technology to advertisers, web publishers, and ad agencies.

Posted Apr 17, 2007

Forbes Media has acquired Investopedia.com, a website for investor education.

Posted Apr 13, 2007

Akamai Technologies Inc. has acquired Red Swoosh Inc. in an all-stock merger transaction.

Posted Apr 13, 2007

Lattice Technology Inc., developers of the XVL ultra-compressed 3D data format, has changed the address for its San Francisco offices.

Posted Apr 10, 2007

eZ Systems, creator of eZ Publish, an open source content management system, has secured $5 million in funding.

Posted Apr 10, 2007

ExtendMedia has announced that it received $12 million in venture capital funding in a Series B round led by TVM Capital.

Posted Apr 10, 2007

Nstein Technologies Inc. has announced its chairman and CEO, Mario Girard, will be leaving the company.

Posted Apr 06, 2007

Fast Search & Transfer, a developer of search technologies, has announced its agreement to purchase selected assets of Convera Corporation, a provider of information retrieval solutions.

Posted Apr 06, 2007

Interwoven Inc., a global provider of content management solutions, has announced that its board of directors has named Joseph L. Cowan as the company’s chief executive officer.

Posted Apr 03, 2007

Onstream Media Corporation, an online service provider of live and on- demand, digital media communications and applications, has signed a definitive merger agreement with Infinite Conferencing, a national provider of audio and web conferencing, webinar, and webcasting services.

Posted Mar 30, 2007

Industrious Kid, creator of ‘tween social-networking site Imbee.com, has attracted an investment from Steamboat Ventures, the venture capital arm of the Walt Disney Company.

Posted Mar 27, 2007

Amp’d Mobile, a mobile entertainment company, has raised $107 million in funding.

Posted Mar 27, 2007

SirsiDynix, a provider of strategic technology solutions for libraries, has announced it is creating SirsiDynix International and placing oversight of its operations outside North America under the new division.

Posted Mar 23, 2007

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