blinkx and Mobica in Mobile Video Tie-up
The world’s largest and most advanced video search engine, blinkx has announced a strategic partnership with Mobica, mobile software developer.
As per the agreement, Blinkx and Mobica will develop a platform independent service that will deliver professionally produced news and entertainment highlights to mobile devices. It will enable the customers to enjoy a variety of themed channels, featuring relevant and up-to-date video clips in a snack-size†format that is ideal for people on the move.
According to blinkx CEO, Suranga Chandratillake, consumer demand for mobile video continues to grow exponentially, and blinkx can deliver top quality content in an ideal format a playlist of relevant, snackable content.
The company is thrilled to be partnering with Mobica, one of the most dynamic companies in the mobile development space, to deliver this unique video solution to wireless operators.
Blinkx To Raise $50 Million in AIM IPO; Valued At $225 Million
Blinkx, the video search engine and technology company, which was spun-off Autonomy last month in a complex transaction, has filed additional details: it has set a price range of between 35 pence and 45 pence a share, which would raise 25 million pounds ($50 million) and give it a market cap of 114 million pounds ($225 million) at the mid point of the range. It will start trading on May 22.
