Blinkx, the largest and most innovative video search engine on the web, could be the next acquisition target of Google or NewsCorp according to Bloomberg and Reuters.
Blinkx is way ahead of other video search engines because it converts audio portion of the video into text using speech recognition technology and makes it searchable.
This will be an interesting one to watch because until now, YouTube can only search videos if they have matching keywords in the titles or the descriptions – blinkx can make video search much more relevant by indexing speech.