With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

YAHOO interest
U S ABC financial spot talked about Blinkx last night.
Said they were a definite bid target and it was rumoured that they were in talks with Yahoo.

up strongly tomorrow, Yahoo board meeting to rubber stamp a bid perhaps?

Re the buying and selling of Blinkx,I think the big drop in the sp on Wednesday in the final few minutes (3.75 down to 29.75) said it all.I.E. market manipulation by somebody.After all,there had been way more buying than selling,and on heavy volume.So something smells,but then again,it's not as though it wasn't happening all the time!

What about this possibility
Yesterday in google news= blinkx,there is an article by FREE PRESS TECHNOLOGY,and as usual there is an ad beside the text by Blockbuster offering to send free postage for film videos for the public= I can see the sending of videos by post being done away with in the future,as they can save so much money just going through Blinkx on a tv or computer,and the public renting direct from Blinkx all the time!

What the BLNX were all those x10 AT's that just went through?!

I expect that it was someone with a sense of humour or perhaps somebody who is not very good with his arithmetic.At any rate I expect that he doesn't have to pay any brokers' fees!

Suranga Chandratillake,Blinkx founder and CEO,will be presenting today in San Francisco at the RBC Markets Technology Media and Communications Conference in a panel on online video.
I understand that he holds a lot of share options which are exercisable at the floatation price (45p).So he will be keen to reach that price

Interesting move!





BLINKX PROPOSES ACQUISITION OF MIVA FOR $1.20 PER SHARE IN CASH

SAN FRANCISCO, CALIF. - AUGUST 8, 2008 - blinkx plc ('blinkx') (LSE AIM: BLNX) confirms that it has delivered a letter to the Board of Directors and CEO of MIVA, Inc. ('MIVA') (NASDAQ: MIVA) in which blinkx proposes to acquire MIVA for a cash consideration of $1.20 per share.

MIVA is a Nasdaq-listed digital media company. It describes itself as having two focuses to its business: owning and operating a growing portfolio of consumer destination sites and interest-specific toolbars, through its MIVA Direct division; and running a third-party contextual Pay-Per-Click ad network focused on key vertical sectors, through its MIVA Media division. MIVA, Inc. operates across North America and Europe.

blinkx believes the proposal is highly attractive for MIVA shareholders. blinkx's proposal represents a 54% premium above the closing price of MIVA common stock of $0.78 on August 7, 2008, and a 36% premium over the average closing price for the one month prior to August 7, 2008.

Commenting on the proposal, blinkx CEO and Founder Suranga Chandratillake said: 'Our recent strong momentum in the business, and our positioning in the area of performance-based advertising which has shown itself to be robust in the current climate, has encouraged us to consider opportunities to accelerate our growth. We're excited about the opportunities presented by a combination with MIVA. blinkx has been developing advanced monetization technologies, which we are now ready to introduce aggressively into the market. This transaction would enable us to accelerate the penetration of these more advanced technologies into the marketplace over the current planned organic approach. We hope that the Board of MIVA will appreciate the uniqueness of this opportunity.'

i hope usa does not prove to be fatal to BLNX as has proved to be the case for far too many formerly-successful companies who have jumped in there.

cynic isn't BLNX an american company?

always thought it was UK ..... am pretty sure they have an office in wardour street or similar

BLNX is dual nationality HQ's in San Fran and London. Generally considered to be a US company although the technology originated in Cambridge University.

Will this revalue the current Blnx sp if the aquisition is successful? $1.20 offer equates about 60p per share. The company value should increase?
Just a thought?

the market obviously likes the deal as sp is now 30.5 bid having been as low as 27.5 earlier today

Maybe its share price is being pumped up by certain devious persons

I am sure BLNX know what they are doing, I hope so anyway! MIVA's accounts don't make particularly good reading. Thay are available at
http://ir.miva.com/reports.cfm

I note that the latest results are due out on Monday however, so there may be an improvement. Having said that, combined with BLNX, there could well be a major transformation. Seems to be the right way forward to me and if BLNX are able to pay for MIVA without raising capital, what's to loose?!

Also if they get a nasdaq listing out of this does that mean blnx can go into an isa?
Miva has a listing.

sp closed nicely up--lets hope for some good press comments over the w/end.

moneyplus.. hold the gains of the week will do for me.

If you ask me,nobody has yet though ,Blinkx is going ballistic!
A 1,000% increase in traffic to the end of May,and a 50% increase on that in June alone.Obviously,the number of hits is going to translate into increased revenue,therefore break even much sooner than expected.