Friday May 9, 09:02 AM
UK smallcap opening - Blinkx rises on 60 pence-a-share bid talk
LONDON (Thomson Financial) - Blinkx (LSE: BLNX.L - news) , spun out of software developer Autonomy a year ago, was among best-performing
small caps, rising 9-1/4 pence to 34-1/4 amid talk of a 60 pence-a-share takeover, possibly by Rupert Murdoch's News Corp. Sources say he is likely to face competition from Google (NASDAQ: GOOG - news) and Microsoft (NASDAQ: MSFT - news) .
On Thursday, Blinkx launched its new online video indexing technology, and is thought to be considering a Nasdaq (NASDAQ: news) listing for its shares.
Buying ahead of full-year results, scheduled for next Friday, lifted Freedom4 Communications, the old Pipex Communications (LSE: FFC.L - news) , 0.09 to 1.62.
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