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Online video search and ads company Blinkx announced Friday that it has acquired ad network Burst Media in a deal worth $30 million in cash and stock. The acquisition will nearly double Blinkx's revenues by driving higher-CPM video advertising through Burst Media's network of publisher sites.
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Source: http://feeds.nytimes.com/click.phdo?i=2b98634551ca7daace586471b1cffdb7
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