Verisign acquires Moreover

Filed in archive Venture Capital on October 13, 2005

I totally missed this one - Versign continues the shopping spree:

"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.

And yes, the deal connects directly into VeriSign's Weblogs.com
acquisition: VeriSign need parsing, datestamping and other such data
Collected from rich ping, that is, pings that contain more info than
simply fact that a site was updated. And this is where Moreover comes
in. Of course, Moreover comes with more than rich pinging ...
On the Moreover management, looks like most of them will stay, though the fate of CEO Jim Pitkow is not yet clear."