Blinkx (LSE AIM: BLNX), the video search guru isn't just scanning all TV channels, but doing some serious business behind the scenes too. Today the San-Francisco based company shook the market's ground, announcing three major deals.The video search specialist has signed a couple of important deals. Probably, the most important deal is a partnership with Microsoft's MSN UK. Blinkx will feed MSN UK with its video library via Microsoft 's "Live Search" engine in the UK.
The second deal was signed with one of the superior Russian search engines, Rambler (www.rambler.ru). Blinkx will provide its unique search package to Rambler. According to the agreement, both companies will share revenue from the advertising.
"Russia is one of the largest, fastest growing Internet markets in Europe, and we’re delighted to partner with one of the country’s most prominent media companies," said Suranga Chandratillake, founder and CEO, of Blinkx.
According eMarketer, Russia's Internet market is a hidden treasure; by the end of this year Russia will be the second largest Internet market in Europe, with more than 40 million Internet users
Blinkx has also joined forces with Elo to form a joint venture to be called blinkx Brasil. Elo will get access to high-quality entertainment, including films, music videos and special interest channels, to audiences around the world.
Heading for new highs?
Shares in Blinkx today showed some enthusiasm following the announcements, as they finished at 22.00 pence barrier or jumped up by 20% since Tuesday's closing. On top of that, since our last coverage on Blinkx , the shares have considerably started climbing up. Could it be a sign to buy Blinkx's shares? Well, since its IPO ,Blinkx has been an attractive stock, so I think it's still not too late to get on board.Amazing! Blinkx is indeed planning to rule the video search market. Oh, shall I say it's already a king among video search engines? Blinkx is playing some aggressive game, which unquestionably will be awarded at some point.
Reference
www.blinkx.com
User comments
amazing search technology that this could be the next big thing and up to now
they haven't disapointed its seems very clear that everyone want their technology simply because Metadata the old form of search technology has run
its course and Blinkx technology is becomeing the Gold standard in search.
Follow the discusion about in the forum