Ingrid Lunden
Feb 23, 2011 5:24 AM
It’s still very early days for mobile payments, but with operators, handset makers and Google (NSDQ: GOOG) jumping on the NFC bandwagon, the larger field is getting crowded with speculators looking to strike gold, in particular by pinning hopes (and investment) on to entrepreneurs with strong track records. Yesterday, Paydiant,…
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E-Commerce, Payment Systems, Micropayments, Mobile, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, SMS, Companies, Apple, iPhone, Twitter, VeriSign, general catalyst partners, jack dorsey, north bridge venture partners, paydiant, square
Rafat Ali
Nov 16, 2009 1:36 PM
Verisign is selling off its last remaining non-core mobile business, mQube, to mobile messaging company Mobile Messenger, for an undisclosed sum. MM obtains m-Qube’s direct connections to carriers in the US and Canada, and its entire business of delivering commercial messaging and premium mobile content. Verisign acquired mQube for $250…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign, mobile messenger, mqube
Tricia Duryee
Aug 26, 2009 3:36 PM
VeriSign (NSDQ: VRSN) said yesterday it had agreed to sell its mobile messaging services to Syniverse for $175 million, but according to a document filed with the SEC, we are finding out today that VeriSign has not finished selling off all of its mobile properties. Still remaining is the company’s…
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Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign
Rafat Ali
Aug 25, 2009 7:58 AM
Verisign is finally done with almost all of its non-core disposals, a process that started early last year: Syniverse is buying off its mobile messaging business, for cash consideration of $175 million. The business has an annual revenue run-rate of approximately $140 million over the last 12 months, and the…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign, syniverse
Dianne See Morrison
Feb 11, 2009 9:05 AM
Security software maker Certicom Corp has accepted Research In Motion’s offer to buy the company for around C$131 million ($106.5 million), or C$3 a share, after internet security firm VeriSign (NSDQ: VRSN) told the company it would not match RIM’s new offer, reports Reuters. Last week, RIM (NSDQ: RIMM) doubled…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, RIM, VeriSign, certicom
Tricia Duryee
Feb 6, 2009 12:12 PM
Research In Motion, which had originally offered to pay C$1.50 a share for security software maker Certicom has doubled its offer, resulting in a superior bid to what VeriSign (NSDQ: VRSN) was willing to pay, Reuters reports. Apparently, Certicom is capable of putting things in the past because it fought…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, RIM, VeriSign, certicom
Rafat Ali
Feb 5, 2009 8:06 AM
VeriSign (NSDQ: VRSN), which has been in the process of selling off its non-core (including mobile) assets for the last year, has now sold of its European mobile messaging division, Austrian company 3united, to another Austrian business holding company Sinon Invest Holding. Financial details were not released. 3United was bought…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign, Countries, Europe, 3united
Tricia Duryee
Jan 23, 2009 1:52 PM
After Research In Motion’s hostile takeover attempt of Certicom, a Canadian mobile encryption company, ended with a court granting a permanent injunction against the offering, another bidder came out of the woodwork and offered more than what the Blackberry-maker was willing to pay. VeriSign (NSDQ: VRSN) said it will pay…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, RIM, VeriSign, Countries, Canada, certicom
Rafat Ali
Nov 11, 2008 12:59 PM
VeriSign (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…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign
Tricia Duryee
Nov 6, 2008 7:18 PM
inCode, a wireless consultant to carriers, has completed a management buyout from VeriSign (NSDQ: VRSN). Going forward, inCode will be an independent company that will continue its focus on advising carriers and helping to deploy new wireless services. Previous projects include strategies on MVNOs, RFID and spectrum management. The inCode…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, VeriSign, incode
Staci D. Kramer
Oct 7, 2008 8:10 AM
VeriSign’s (NSDQ: VRSN) effort to capitalize on mobile content through its acquisition of Jamba is officially over. VeriSign tried to keep skin in the game through a JV with News Corp (NYSE: NWS). selling 51 percent in May 2007 for $187.5 million and a merger with Fox Mobile Entertainment. Today,…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., VeriSign, jamba
Matt Kapko
Sep 2, 2008 5:52 PM
m-Qube, a VeriSign (NSDQ: VRSN) subsidiary, has agreed to pay the Florida Attorney General’s Office $500,000 for allegedly billing for ringtones that were promoted through fraudulent ads, the ClickZ Network reports. The Watertown, MA-based mobile content firm agreed to adopt and enforce strict standards for online ads through a settlement…
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Legal, Companies, VeriSign
Tricia Duryee
Aug 27, 2008 6:32 PM
The number of text messages sent during the second quarter jumped 20 percent to 52 billion messages, compared to the previous quarter, according to VeriSign (NSDQ: VRSN), which compiles statistics based on the messaging traffic it sees from its media division. Although the figures are skewed because they come from…
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E-Commerce, Payment Systems, Technologies / Formats, Companies, VeriSign
Tricia Duryee
Aug 18, 2008 3:38 PM
—Android phone receives FCC approval: The HTC Dream phone, which will be the first phone using Google’s (NSDQ: GOOG) Android operating system, has received FCC approval, according to Engadget. The phone comes with a “jogball,” which has been seen in mysterious videos online. From documentation, it also looks like it…
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Advertising, Entertainment, Games, Media & Publishing, Social Media, Companies, Google, T-Mobile, VeriSign
Rafat Ali
Jul 3, 2008 7:09 PM
Verisign, which has pared down the company over the last year, has seen another CEO change: William Roper, who had been president and CEO for a bit more than a year, has resigned and the company board has named Jim Bidzos as interim CEO, president and executive chairman. Bidzos was…
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Industry Moves, Companies, VeriSign
Robert Andrews
May 29, 2008 11:46 AM
Rafat was almost right on the button. In a meeting today, Jamba decided to stop developing its own mobile games, so is shutting its Ojom development unit. Berlin-based Ojom is actually one of VeriSign’s (NSDQ: VRSN) contributions to the venture with News Corp (NYSE: NWS). which will now concentrate only…
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Companies, News Corp., VeriSign, Countries, Europe, Germany, jamba, ojom
Rafat Ali
May 28, 2008 11:41 PM
What will happen tomorrow at Jamba? The mobile content company which is majority owned by News Corp (NYSE: NWS). and rest owned by Verisign, has a big meeting tomorrow, according to Rupert Murdoch, who was speaking tonight at the D conference in Carlsbad, CA. Murdoch confessed he didn’t know that…
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Entertainment, Companies, News Corp., VeriSign, jamba, rupert murdoch
Robert Andrews
May 19, 2008 6:41 AM
News Corp/VeriSign (NSDQ: VRSN) mobile entertainment JV Jamster/Jamba has hired Endemol International’s digital media director William Linders as its content EVP, based at the Berlin HQ. Linders had spent seven years with the TV producer, working on interactive ideas around shows like Big Brother. At Jamster, he will lead global…
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Industry Moves, Companies, News Corp., VeriSign, Countries, Europe, Germany, jamster, william linders
Rafat Ali
Mar 4, 2008 11:28 AM
Verisign, which sold off a 51 percent stake in Jamba/Jamster to News Corp in early 2007, has released some more details on developments since, in its 10-K, filed last week with SEC: —On investing more in Jamba over 2007: “Fox paid VeriSign (NSDQ: VRSN) approximately $192.4 million in cash for…
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Companies, News Corp., VeriSign, jamba, verisign
David Kaplan
Jul 26, 2007 3:48 PM
VeriSign (Nasdaq: VRSN) blamed is Q2 net losses and revenue decline on restructuring charges. The network security company posted a net loss of $4.7 million, or 2 cents per share, versus $376.8 million, or $1.52 per share, during the same period last year. On a non-GAAP basis, earnings were $62…
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Money, Earnings, Companies, VeriSign
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