Briefs

By C. GRANT JACKSON

Collexis Holdings Inc., the Columbia-based developer of search and knowledge-discovery software, began trading Monday over the counter under the symbol CLXS.

Shares of Collexis’ common stock doubled in value the first day of trading, opening at $3 and closing at $6. Trading volume was 26,110 shares.

Based on the first day’s trading and the volume of outstanding shares, the company’s market capitalization is $359 million.

The public company was created from a reverse merger of Collexis’ U.S. subsidiary, headed by Irmo native Bill Kirkland, and the original parent company, Collexis B.V., a Dutch company that now is a subsidiary.

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The company’s technology builds conceptual profiles of text, called Fingerprints, from documents, Web sites, e-mails and other digitized content to create applications. Its search technology has been called "Google on steroids." Read more.

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