Steve Alexander of the Strib writes: "Medtronic Inc. Said Monday it would spend $200 million in cash to acquire Cardiocom, a privately held firm in Chanhassen, to expand into remote monitoring of patients with chronic diseases. Medtronic, which expects the deal will be financially neutral for its current fiscal year, said it is expanding into broader health care services, initially into the treatment of heart failure.Khiani recalls his conversation with Haresh Chawla, group CEO of Network18. "We have got so much work, that we might buy your firm," he said. Khiani laughed and replied, "I am happy as an entrepreneur and being my own boss." To which Chawla responded, "What if you become your own boss here? We have a plan to build many verticals and since you have conceptualised and developed sites across various industries, you are the right person for us." Network18 offered to buy out Urban Eye along with its team members.

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