Wednesday 9 December 2009

Whatever happened to this story?

Rupert Murdoch Wants The Blinkx Search Engine

According to the LA Times, Rupert Murdoch’s News Corp is in negotiations to buy the Blinkx search engine. LA Times reports “News Corp. is in negotiations to buy Blinkx, a privately held Internet search company based in San Francisco, according to people close to the world’s fourth-largest media giant. The prospective acquisition of Blinkx is part of an aggressive bid by News Corp. to take on such Internet powerhouses as Yahoo Inc. News Corp. is trying to build a rival portal by acquiring fast-growing Web businesses and by leveraging the sites of its in-house brands, including those of local Fox TV stations, the Fox TV network and cable channels such as Fox Sports and Fox News...


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Comment: So Murdoch wanted Blinkx back in '05 (that story is dated 15th August 2005) but not now. Wonder why that is? Because he's seen the way that Blinkx has performed under the current management team? Because he's met senior Blinkx management?

This does, though, raise another rather awkward question which none of the Blinkx fanboys can or will answer: if Blinxk is growing so fast, and is doing so well, and is on track for massive profitability in the not-too-distant future - why hasn't a News Corp, or a Yahoo, or a Google, or a Microsoft (or any one of another half-dozen or so obvious candidates) made a serious attempt to buy it?

Another not-so-small mystery to add to the list...

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