IndustryRecap: VeriSign Acquires Moreover

Recap: VeriSign Acquires Moreover

Talk today about the VeriSign acquisition of news aggregator of Moreover. Here’a a quick recap of what people are talking about:

+ Via Niall Kennedy’s Weblog
Moreover Technologies has been acquired by VeriSign for between $25 million and $30 million.

+ via Rafat Ali and PaidContent.org
“Gleaned some more info on the Moreover’s acquisition by VeriSign, through sources … the $25 million is on the low side; it is closer to $30 million, from what I know. Google did come in at the last minute with a higher bid, but too late … the deal was done.”

+ Via The Street.com
“This latest acquisition is a part of an attempt to provide “some structure to the endless content or chat available on the Internet and to monetize blogs,” said one person familiar with the company.”

+ Via Nick Denton’s Blog (Denton was a co-founder of Moreover)
Fast Internet Business History Fact from Nick: “Moreover, which had a joint venture with the makers of Blogger, was all lined up to buy the company back in January 2001.”

Last week, VeriSign acquired the Blogs.com ping service from Dave Winer.

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