Blinkx IPO?
The UK-based Autonomy has exercised an option to take over the consumer site Blinkx (Blinkx founder and CEO Suranga Chandratillake-a former U.S. CTO of Autonomy-told Search Engine Watch in 2005 that Autonomy didn't have any equity in the search site, but was only providing the search technology behind the service), the site had about $10-12 million invested in it since it founded in 2003. With the takeover, Autonomy is spinning off its consumer division (the technology), merging it with Blinkx Inc (the video search site), renaming the two together as Blinkx, plc, and then will float them through an IPO on London's AIM market in May...
Source: http://mashable.com/2007/04/25/blinkx/
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