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VeriSign Acquired Moreover
Filed in: Technology, Web, Weblog — October 20th, 2005After bought Weblogs.com, VeriSign acquired Moreover Technologies for USD$30 million in cash!
SAN FRANCISCO— VeriSign Inc. said on Monday it has acquired Moreover Technologies, a Web-based distributor of news and online material such as Web logs, in a long-anticipated deal valued at about $30 million in cash.
VeriSign said the deal combines privately held Moreover’s links to more than 12,000 news sources and millions of blogs, or Web logs, with VeriSign’s own information delivery technology. Moreover’s customers include MSN, AskJeeves and BBC.
[ Read Eweek | Press release ]
Thought
$30 million in cash… Wow!
VeriSign is not limited to SSL certificates, it is going to be a content provider.
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