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Asia-Pacific market to double

Alex Kayle
By Alex Kayle, Senior portals journalist
Johannesburg, 16 Sept 2010

Asia-Pacific market to double

The Asia-Pacific secure content management market is forecasted to grow at a compound annual growth rate of 18.4%, to clock revenues of just under $1.5 billion by the end of 2016, reports CMS Wire.

According to analysis from Frost & Sullivan, the market will grow by 15.4% this year and revenues will rise to $522 million of the end of 2010.

Edison Yu, industry manager for Frost & Sullivan, says one of the reasons for this growth is enterprises moving to service platforms to control costs.

Miranda buys Omnibus

Miranda Technologies has acquired all of the outstanding shares of British and content management technology developer Omnibus Systems, states Broadcast Now.

The £31 million deal was completed with private equity firm Palamon Capital Partners and includes cash and an existing credit facility.

Omnibus Systems chief executive Mike Oldham says the deal will give the company extensive worldwide sales and support and create new opportunities to increase market share.

Motricity drives mobile CM

Motricity has unveiled mCore MobileCast, a content management service delivered onto a user's smartphone, says Fierce Mobile Content.

The company says operators and enterprises can develop and offer a range of content formats (including HTML5, audio, video and text) to devices like iPhone, Android, BlackBerry and Windows Phone 7 smartphones.

MobileCast is offered in association with Motricity's hosted, mobile-as-a-service mCore platform, which claims to be able to give operators tools to manage their mobile content, Web, messaging and marketing efforts.

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