Blinkx ‘IPO’ Raises $50 M
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.
Popular
- Tumblr Marriage Proposal: Behind the Scenes of Justin and Marissa's Engagement
- BitTorrent After The Pirate Bay: Do You Still Need Trackers?
- Ten Sites for Free and Legal Torrents
- The Megawoosh Waterslide Viral: How It Was Really Done
- Nielsen: Facebook Now the No. 3 Video Site
- Six Steps To Get More HD From Your Scientific Atlanta Set-top Box
Recent
Network
- Skype CEO Outlines Platform Ambitions, Hiring Plans [GigaOM]
- Earth2Tech Week in Review [Earth2Tech]
- WWD Weekend Reading List [WebWorkerDaily]
- WinMo Wrap: Marketplace Hits All WM 6.x Phones; Opera Mobile Advances [jkOnTheRun]
- Weekly App Store Picks: November 21, 2009 [TheAppleBlog]
- Get Ready for Flash Player 10.1 to Stream P2P Video to Millions, Swap Files BitTorrent-style [NewTeeVee]
© 2009 The GigaOM Network. Marketing consulting by ACS.
Comments (0)
Linkbacks (2)
[...] 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, [...]
[...] 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 [...]
Subscribe to comments feed