Moreover Technologies Acquired by VeriSign

Oct 21, 2005


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Moreover Technologies, a provider of real-time news and business information, was acquired by VeriSign Inc., a provider of intelligent infrastructure services that enable people and businesses to transact across the global network. By combining Moreover's content aggregation services with VeriSign's global feed management infrastructure, VeriSign plans to offer bloggers, publishers, enterprises, and Web portals a real-time content platform.

The Jordan, Edmiston Group, Inc., the New York City-based investment banking firm for the media and information industries, represented Moreover in this transaction. The new content aggregation services will use VeriSign's ping server infrastructure to increase the reliability and intelligence of its content distribution network.

(www.moreover.com; www.verisign.com; www.jegi.com)