I have just picked up this weeks copy of Shares Magazine and have spied an article entitled "Survival of the Fittest" which details 10 tempting takeover targets that they have identified.
Blinkx is the Number 2 mentioned out of 10. And heres what it says:
"Blinkx: 150p: Market Cap:£510M - + BUY
It is only a matter of time before the big hotters in the booming social media space turn their attention to Blinkx (BLNX:AIM). The online video search specialist spun out of Autonomy (AU) in 2007 has video content that the internet's super majors, Microsoft, Google and Facebook would dearly love to have. Over 35Million hours of it, to be precise, from more than 720 global media partners, and counting. It uses its vast library of video for third-party advertising campaigns, either directly through its own blinkx.com website or by licensing its technology to partners in revenue-share deals. Interestingly blinkx.com last year broke in to the world's top 10 most visited websites. Blinkx has the technology and the content to make a real difference to one of the online players as they battle for supremacy, and revenues, within the online social media space. Pre-tax profits are set to go from $24million this year (March 2012) to $108 Million by 2016, so do not rule out a fat takeover premium being offered when it comes, perhaps close to £1 billion. (Sterling)
