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Open Text Buys Up Content Analysis Startup Nstein Technologies For $34 Million

Enterprise content management juggernaut Open Text has bought content analysis startup Nstein Technologies for $34 million. Nstein’s Text Mining Engine helps businesses centralize, understand and manage content through semantic and text analysis.
For example, Nstein powers the backend of The Financial Times’ semantic search engine, called Newssift, that indexes about 4,000 business news sources, from [...]

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Mon, February 22 2010 » Uncategorized » No Comments

Social Shopping Site ThisNext Confirms Funding, Acquires Stylehive

Social e-commerce company ThisNext recently raised a Series C round of $1.2 million, which we reported based on an SEC filing. The Santa Monica, CA startup has now confirmed the financing round and also announced that it has acquired smaller rival Stylehive for an undisclosed amount.
ThisNext set up an entirely new parent company, Curatemedia, which [...]

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Mon, February 1 2010 » Uncategorized » No Comments