Autonomy Exercises Option To Buy Blinkx

Merges With Its Consumer Division; Will IPO It In London
This is among the first such IPOs in the still-nascent online video search space between the data/information search company Autonomy and video search consumer site Blinkx.
The UK-based Autonomy has exercised an option to take over the consumer site Blinkx. The site had about $10-12 million invested in it since it founded in 2003. With the takeover, Autonomy is spinning off its consumer division (the technology of fingerprinting -ACID- has been announced few weeks ago), merging it with Blinkx Inc (the video search site), renaming the two together as Blinkx, plc.