Media Business News and Trends

Exalead, a provider of search software for business and the web, has announced the infusion of $15.6 million by Qualis SCA.

Posted Feb 02, 2007

Lijit Networks, Inc. has secured over $900,000 in funding from an investment syndicate including Colorado Fund I, managed by High Country Venture; Brad Feld, managing director of Foundry Group; Seth Goldstein, co-founder of AttentionTrust.org, Majestic Research and ROOT Markets; and Paul Berberian, former CEO of Raindance Communications.

Posted Jan 30, 2007

Reed Business Information (RBI), a B2B publisher in the US and part of Reed Elsevier, a global publisher and information provider, has acquired BuyerZone.com, Inc., an online B2B marketplace that links prospective buyers to qualified suppliers of more than 125 business product and service categories.

Posted Jan 26, 2007

Clarabridge, a text-mining software company, has secured $7.2 million in funding.

Posted Jan 26, 2007

Ex Libris Group has formed the Primo Charter Members Program--providing a group of organizations with the opportunity to collaborate on the development of Primo.

Posted Jan 23, 2007

SirsiDynix, a provider of technology solutions for libraries, has announced the completion of its acquisition by Vista Equity Partners, a $1 billion private equity firm focused solely on investing in software and technology-enabled businesses.

Posted Jan 23, 2007

Joseph Alen, president and CEO since 1992 of Copyright Clearance Center, a copyright licensing solutions provider, announced his intention to retire at the end of the company’s fiscal year in June.

Posted Jan 23, 2007

Bitpass, an online micropayments firm backed by Disney’s venture arm and Guy Kawasaki, has announced it will close.

Posted Jan 23, 2007

The Zug-based (CH) FIRSTGATE Holding AG, owner of ClickandBuy, a European digital payments platform and epayments system, has received funding from Intel Capital.

Posted Jan 23, 2007

Brightcove has closed a $59.5 million funding round designed to allow the internet TV company to accelerate international expansion.

Posted Jan 23, 2007

Workshare, an information security company and a provider of secure content compliance, has closed $23 million in Series B funding from California and New York-based Steelpoint Capital Partners, Intel Capital, and London-based Quester.

Posted Jan 19, 2007

BuzzLogic, a social media software company, has closed a $9.6 million Series A equity financing round led by Adams Capital Management, Ackerley Partners, and Transcosmos Investments & Business Development.

Posted Jan 19, 2007

Dow Jones & Company has announced a restructuring of its Enterprise Media Group designed to improve its business in the financial, corporate and media, and government markets.

Posted Jan 12, 2007

Plastic Logic has announced that it will build a factory to manufacture plastic electronics on a commercial scale.

Posted Jan 09, 2007

Redi-Direct Marketing, Inc., the holding company of Redi-Mail Direct Marketing and StayinFront, Inc. and a provider of technology-based sales and marketing solutions, has acquired the assets of Dialog Group, Inc. and its subsidiaries.

Posted Jan 09, 2007

Heavy.com, an online brand for 18-34 year old men, has announced that it has closed a $20 million financing round from Polaris Venture Partners.

Posted Jan 09, 2007

NTT DoCoMo, Inc. has acquired 760,500 shares (approximately 3.0% of total issued and outstanding shares) in Nippon Television Network Corporation (NTV).

Posted Jan 05, 2007

Macrovision Corporation has announced that it acquired Mediabolic, Inc., a provider of software solutions for connected consumer electronics devices, such as televisions, set-top boxes, and digital video recorders.

Posted Jan 05, 2007

Digg, Inc., a web community that enables the mass internet audience to prioritize news and content, has closed an additional round of funding in the amount of $8.5 million led by Greylock Partners.

Posted Jan 05, 2007

SirsiDynix, a provider of technology solutions for libraries, announced that it has signed a definitive agreement to be acquired by Vista Equity Partners, a $1 billion private equity firm focused solely on investing in software and technology-enabled businesses.

Posted Dec 29, 2006

Francisco Partner, a technology-focused private equity funds and owner of Ex Libris, a global developer and provider of applications for libraries and information centers, have announced that it has successfully completed its acquisition of Endeavor Information Systems, Inc., an Elsevier company.

Posted Dec 29, 2006

Cadmus Communications Corporation and Cenveo, Inc. have entered into a definitive merger agreement for Cenveo to acquire Cadmus in an all-cash merger at a price of $24.75 per share. The total value of the transaction, including Cenveo’s assumption of Cadmus’ debt, is expected to be approximately $430 million at closing.

Posted Dec 29, 2006

Websense, Inc. has announced a definitive agreement to acquire PortAuthority Technologies, Inc., of Palo Alto, Calif., and Ra'anana, Israel, for approximately $90 million in cash.

Posted Dec 22, 2006

Nstein Technologies Inc. has acquired Eurocortex, a provider of content management solutions for the publishing, media, and entertainment industries.

Posted Dec 22, 2006

IP Unity, a provider of carrier-grade media servers, application servers, and real-time multimedia applications, and Glenayre Messaging, a division of Glenayre Technologies, Inc. and a global provider of messaging solutions, have announced that the parties have entered into a definitive asset purchase agreement for the consolidation of the two entities.

Posted Dec 19, 2006

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