Showing posts with label japan. Show all posts
Showing posts with label japan. Show all posts

Thursday, August 6, 2009

French Company, Publicis in lead to acquire Razorfish

Publicis Groupe, a French advertising company, is leading the competition to purchase Razorfish, Microsoft's digital advertising agency. Japan's largest advertising firm, Dentsu is also bidding for Razorfish. No deals are finalized yet. However, Dentsu made a higher offer from the Publicis $500-600 million bid. Publicis negotiations also include a buyer's commitment to purchase hundreds of millions of dollars in advertising on Microsoft's digital properties.

As an attractive target for advertising holding companies, Razorfish could help bolster their digital expertise, to grab ad revenue as it transitions from traditional media to the Internet.

Razorfish has created online pitches for companies such as Levi Strauss & Co., Mercedes-Benz USA and MillerCoors.

Microsoft acquired Razorfish as part of its 2007 aQuantive acquisition for $6 billion. Its estimated that Razorfish could go for $400 - 700 million.

For more about this topic, read the full article on the The Wall Street Journal.

Tuesday, July 14, 2009

AMIMON Secures $10 Million

Funding to Accelerate Mass Market Adoption of WHDI--

AMIMON Inc., the market leader in wireless HD semiconductor solutions, announced that it has raised $10 million in its latest round of funding. Led by Stata Venture Partners, this series D round of financing included all significant investors from prior rounds, in particular: Argonaut Private Equity, Cedar Fund, Evergreen Venture Partners, Walden Israel and Motorola through their strategic venture capital, Motorola Ventures.

AMIMON's chipsets have been shipping in volume embedded in wireless HDTVs and video accessories by leading TV OEMs selling AMIMON-based products in the US, Europe and Japan. AMIMON's wireless technology has also enabled breakthrough products in the medical imaging and professional video markets. AMIMON's strong technical team has already developed and successfully launched six different chips with its prior funding. Engineering strengths coupled with a high-level of execution allowed for effective and efficient use of capital.

Earlier this year AMIMON announced its second generation chipset designed for the WHDI™ (Wireless Home Digital Interface™) standard. It's the world's only chipset capable of wirelessly delivering full uncompressed 1080p/60Hz HD content throughout the entire home. WHDI chipsets will be integrated into wireless HDTV products and other WHDI devices from leading CE manufacturers.

More information is available at www.amimon.com and www.whdi.org.

For the full press release, click here.