In new research report that mentions Mydex among other startups in the emerging personal data services sector, Forrester Research’s Fatemeh Khatibloo says “it’s impossible to ignore how attractive these firms become for acquisition”. Our counterparts at personal.com have blogged about the new report which can be downloaded here.
It’s a great piece of research which sets out clearly the potential for the sector. Forrester have been kind enough to share a copy with Mydex but we do not have rights to share it further. We should just correct one point: Mydex is a Community Interest Company (therefore asset-locked, but able to make profits and pay dividends) and not NFP as described in the report. This means Mydex CIC is clearly and deliberately not a target for acquisition, though it is able to sell shares, make profits and offer significant long-term returns to investors (usual disclaimers apply).
