Report of Google's Brightcove Acquisition Said to be False

Authored by Mark Hefflinger on September 17, 2009 - 10:41am.

Cambridge, Mass. - Reports of Google's (NASD: GOOG) possible deal to acquire online video firm Brightcove appear to be false, according to an analyst from research firm Frost & Sullivan.

Posting on his blog, Dan Rayburn reported that a trusted employee from one of the companies "confirmed with me that the rumor that Google is buying Brightcove is in fact false."

On Wednesday, PBS Media Shift blog executive editor Mark Glaser reported on Twitter that, according to a "source with knowledge of deal," Brightcove was in talks with Google "about buyout in $500m to $700m range."

Related Links:
http://snipurl.com/ry5sb

http://twitter.com/mediatwit/status/4032713105

http://www.brightcove.com