Thursday 5 February 2009

More takeovers? He hasn't even managed Miva yet!

More coverage of Blinkx, this time from Media Post News: Blinkx Relaunches Search, Viewing Platform

I like this bit the best:"While larger media companies have ruled out acquisition activity this year, Chandratillake said Blinkx could be tempted by this buyer's market. "We could see some very attractive deals this year, and we're lucky to be sitting on a large cash pile," he said."

This from the man who has severely damaged - if not actually destroyed - his credibility among many shareholders with the botched, totally amateur (or at least that's the way it looks from where I'm standing) non-bid for Miva.  And he seriously thinks that next time he makes an approach for a company they're going to take him seriously?

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