"What is happening is everyone is trying to get in there and that is confusing for consumers," he said.
"And there will be more entrants to come. For the companies in the space there will be a shake-out as scale and critical mass is critical.
A blog to hold to account the (in my view) failed management of Blinkx; even with Chandratillake gone as CEO (and good riddance) the company is still IMO underperforming significantly. It is my view that shareholders deserve to know what the hell is going on with the company in which they are invested (and which most of the management team are _not_ significantly invested in). All opinions expressed are just that, the opinions of the blog owner.
"What is happening is everyone is trying to get in there and that is confusing for consumers," he said.
"And there will be more entrants to come. For the companies in the space there will be a shake-out as scale and critical mass is critical.
Music to the beleaguered mergers and acquisitions market, to be sure, especially after a recent uptick from other big companies pulling out their wallets again as the impact of the econalypse subsides.
According to sources, Google (GOOG) is working on at least a half-dozen acquisition deals, most of which are small start-ups in the online advertising and cloud computing arenas." [my emphasis]