June 25, 2013 / 6:56 PM / 4 years ago

Autonomy sells remaining stake in video website Blinkx

1 Min Read

LONDON (Reuters) - Software company Autonomy, owned by U.S. computer maker Hewlett-Packard Co., said on Tuesday it sold its remaining stake in video search engine group Blinkx Plc.

Autonomy said it sold 45.7 million Blinkx shares at a price of 120 pence per share, in a deal valued at 54.84 million pounds ($84.48 million)

The sale, which was at a 5 percent discount to Blinx's closing price on Tuesday, was carried out via an accelerated offering to institutional investors, run by Goldman Sachs. ($1 = 0.6492 British pounds)

Reporting by Kylie MacLellan, Clare Hutchison; Editing by Dan Grebler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below