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10-Q Watch: Stuff Still Left To be Sold At VeriSign; Anyone Buying?

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imageVeriSign (NSDQ: VRSN), which recently sold off its Jamba mobile content division to News Corp (NYSE: NWS) for $200 million, still has a number of divisions that are up for sale, including some in its mobile/telecom sector. A list of them is detailed in its 10-Q for Q308, filed late last week. They include:

SEE ALSO: VeriSign Exits Mobile Content; Sells Remaining Stake In JV To News Corp For $200 Million

Messaging and Mobile Media: The unit that provides short-messaging, multimedia messaging, and mobile content application services.
Content Portal Services: Its digital content storefront services, focused primarily on Canada. CPS can be used as a content delivery platform for games, ringtones, and other content services.
EMEA Mobile Media: The EMEA business, not part of Jamba, provides interactive messaging applications, content portal services, and messaging gateway services.
Post-pay: Its billing and customer care services to operators.

Would be a tough sell in this environment? For sure. Interim CEO Jim Bidzos said in July that he expects the rest of the units to be sold by the end of this year. That timeline may slip now, it seems.

More details here.

Photo credit: wizardofthefiretopmountain

Nov 11, 2008 12:59 PM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign

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