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German travel search engine Swoodoo has been acquired by the leading U.S. flight search engine Kayak.
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed but we hear on the grapevine that T-Venture and Deutsche Telekom were “very happy with the Exit”.
It was just a few years ago that Adobe’s Flash revolutionized video publishing by enabling media companies to reach a vast number of consumers with a plugin that ensured a consistent rich media experience across multiple operating systems and browsers. Now, Brightcove might be at the forefront of the next revolution of video publishing, as those companies face a new challenge: how to publish video on multiple devices, all of which have different software support and different encoding requirements.
CCP makes outer space look good, and the trend continues with the trailer for EVE Online: Tyrannis, an expansion pack due out this month for the sci-fi MMO that finally opens up New Eden's planets to resource-hungry players.
GoTV Networks, an Los Angeles-based mobile video company, has bought a handful of assets from Hands-On Mobile. The new chapter for Hands-On Mobile must be a bit of a let down after once being the fourth largest U.S. mobile game publisher. The company had raised more than $100 million in venture capital and had aspired to go public, but more recently, was forced to scale back its operations, including a couple of rounds of layoffs and the departure of two consecutive CEOs. Both companies have long histories in mobile stretching back to the days when feature phones and carrier partnerships were the golden ticket.