VeriSign, Inc. (NASDAQ:VRSN) announced the acquisition of Moreover Technologies, a wholesale aggregator of real-time content for Web sites, search engines and enterprise customers. By combining Moreover’s content aggregation services with VeriSign’s global feed management infrastructure, VeriSign will offer bloggers, publishers, enterprises and Web portals an intelligent and scalable, real-time content platform. The new content aggregation services will utilize VeriSign’s ping server infrastructure to increase the reliability and intelligence of its content distribution network. Currently, Moreover aggregates more than 12,000 news sources and millions of blogs. Harvesting information from across 126 countries in 25 languages, Moreover uses a content tagging system with more than 30 metadata tags and 380 categories to deliver hundreds of thousands of unduplicated real time content articles every day. The price of the acquisition was approximately $30 million in cash and it is being accounted for as a purchase transaction. http://www.verisign.com

Share