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Summary:

If our pounds-sterling-to-dollars math is right, it looks like video search engine startup Blinkx raised nearly $50 million Tuesday in its unique “public offering,” a complex stock arrangement with parent company Autonomy that Liz detailed previously here. At a price of 45 pence per share (89 […]

If our pounds-sterling-to-dollars math is right, it looks like video search engine startup Blinkx raised nearly $50 million Tuesday in its unique “public offering,” a complex stock arrangement with parent company Autonomy that Liz detailed previously here.

At a price of 45 pence per share (89 cents per share, again if our math is right), the market cap of Blinkx works out to about $247 million, as the shares went out at the top of the company’s expected pricing range.

  1. Diversion Media Weblog » Blog Archive » Video Search Deals Thursday, May 24, 2007

    [...] week we went live on Blinkx.  Then Blinkx went public. Clearly, it’s the Diversion Media deal that’s pushing the stock up! Well, perhaps not, [...]

  2. NewTeeVee » CastTV Gears Up for Video Search (with screenshots) Friday, June 1, 2007

    [...] unclear to us how much of this is done manually, but CastTV certainly has a nicer interface than recently IPO-ed competitor blinkx’ Remote tool (at left). CastTV does not currently have any relationships [...]

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