Will Federated Media Pay $30 Million To Its Network Blogs and OpenX?

Files under: News
Posted by: Yakov @ 10:58 [4. 04. 08]

There are reports in the blogosphere (first, here) rumoring that Federated Media Publishing (FM) raised $50 million at a $200 million pre-money valuation. FM is essentially online media sales house that brokers display (banner) and other ads on some two hundred blogs and other sites. It is powered by an open source ad server software […]

Will Nokia or Nuance Buy STC in a Play for Speech Recognition Market in Russia?

Files under: News, Tech
Posted by: Yakov @ 13:25 [21. 03. 08]

Quadriga Capital Russia, a Russia-based private equity fund managed by Quadriga of Germany is negotiating a sale of its 35% stake in Speech Technology Center (STC), a St.Petersburg-based developer of speech recognition technologies, says business daily newspaper Kommersant. The acquisition could value STC at over $100 million. The leading mobile phone maker Nokia and speech […]