VC-Backed Internet Marketing Firm May Liven Up IPO Calendar and Exxon’s Move Into Natural Gas Unleashes Consolidation Debate

QuinStreet is the sort of company that usually attracts venture capital: a fast-growing tech firm in an emerging field. It specializes in vertical Internet marketing, a sort of dating service that helps match up customers and services. The method is especially useful where the services are complex and confusing, such as education, financial services and health care.

QuinStreet’s largest client base is in the countercyclical education field, so the recession hasn’t slowed it down much. Still, IPO Desktop President Francis Gaskins believes the company’s growth is attracting some unwanted attention.

“It appears that the competition is gearing up with more sophisticated pay-per-click and contextual advertising models, that over time could erode (QuinStreet)’s prior competitive advantage,” Gaskins wrote in his report on the company.

Founded in 1999, QuinStreet initially courted clients in for-profit education, and they still provide more than half its revenue. [Read the full article]

{loadposition in-article}

When Exxon Mobil (XOM) said in December that it would pay $41 billion for natural gas producer XTO Energy (XTO), the news lifted shares of drillers such as Devon Energy (DVN), Encana (ECA) and Chesapeake Energy (CHK).

Those stocks have since pulled back along with the general market. But thanks to speculation of a new merger wave, they remain above their levels before the Exxon-XTO deal was announced.

XTO is a leader in freeing natural gas from shale rock formations. [Read the full article]

Now, less than a year since launching the newest generation of its business intelligence software, the company is moving into high gear.

The McLean, Va.-based company released MicroStrategy 9 last March. It was its first major product launch since it came out with MicroStrategy 8 in 2005.

“Our channel checks tell us MicroStrategy 9 is resonating well with clients,” said analyst David Hilal of FBR Capital Markets. “There are a lot of good features that have been added to make existing clients want to upgrade and make new clients choose it over competitors.”

MicroStrategy’s products let companies distill their data into vital insight that helps them make better business decisions. This could involve operational, sales, financial, marketing and other data stored across the company.

The company says MicroStrategy 9 lets companies support all levels of business intelligence with one technology. [Read the full article]

{loadposition in-article-finance}

You may also like...