Comments on: Verisign buys Moreover

By: Anon

Anon — Wed, 12 Oct 2005 14:12:55 +0000

But remember that not everyone makes money on these blogging deals. From Moreover website … “Moreover received $21 million in first round funding in June 2000 from a distinguished group of backers led by Dawntreader Ventures (then SoundView Ventures) and Reuters Venture Capital.”

Verisign acquires in 2005 for $25 million.

By: Brian Breslin

Brian Breslin — Tue, 11 Oct 2005 15:05:13 +0000

wasn’t moreover sold a few years ago for some ridiculous sum?
interesting the way money is flying around these days. also, didn’t nick denton found moreover? so does he get some of this money to throw at gawker now?

By: Dave Starr

Dave Starr — Tue, 11 Oct 2005 13:30:11 +0000

Moreover has been a very useful news and research tool for me. Especially becuase some of my personal and business areas of interest are in the Philippines and other areas of East Asia … most news agregators can’t find Asia news south of Tokyo.

Why would VeriSign want them? Perhaps to have one business segment that actually performsd a useful function? Other than that, it’s a mystery … somehting instructive to watch over the coming months.

By: gizmocha

gizmocha — Tue, 11 Oct 2005 02:18:00 +0000

And EBay is buy part of Verisign …

EBay’s PayPal to buy VeriSign unit for $370 mln

By Eric Auchard. SAN FRANCISCO (Reuters) – EBay Inc. (EBAY.O: Quote, Profile, Research) will buy VeriSign’s payment processing business for $370 million and merge it with its PayPal unit as part of a wider …

http://today.reuters.com/business/newsArticle.aspx?type=ousiv&storyID=2005-10-11T012150Z_01_BAU073533_RTRIDST_0_BUSINESSPRO-VERISIGN-PAYPAL-DC.XML

By: Carlos Duarte

Carlos Duarte — Mon, 10 Oct 2005 23:28:42 +0000

Uau! Every one is buying every one. There’s a new business every day. What are big companies searching for?