Sunday, April 23, 2006

Verisign / Kontiki acquisition price less than $1M (Rafat)

"Verisign's Mobile Content Revenues Keeps Tanking; Profits About Steady [by Rafat]
Updated: VeriSign has a lemon on its hands, and it either needs to get rid of it, or whip it up in shape through its recent acquisition of mQube. It announced its Q1 earnings, and on the mobile content side (its content group within VeriSign Communications Services division) posted revenues of $78 million, which includes $77 million for Jamba!/Jamster B2C services and $1 million from acquisitions of 3united and Kontiki, which closed during the quarter."

No comments: