News: Moreover picks a suitor . . .
By Tom Foremski - September 26, 2005
Silicon Valley Watcher has learned that Moreover Technologies, the San Francisco-based news aggregator, will announce within the next few days that it has been acquired by a much larger multi-national company.
The announcement is expected by the end of this month. The identity of the acquiring company and the purchase price are not yet known.
Moreover has been in play since earlier this year and several companies have expressed an interest in the company. Moreover has a strong relationship with Microsoft and is the primary news aggregator for the MSN service.
However, it is Moreover's enterprise business that is its main revenue generator.
Moreover was co-founded by Nick Denton, a former Financial Times journalist. Mr Denton is head of New York based Gawker Media, publisher of several popular online web sites such as Wonkette, Gawker, Gizmodo and Fleshbot. Mr Denton remains chairman of Moreover.
« Silicon Valley Watcher wins excellence in media award: Best Bay Area Blog | Main | Fixed my RSS feeds...and My Yahoo feed too »
September 26, 2005 | Permalink | Comment | Category: MediaWatch | Subscribe to SVW
- Top Stories:
- Tech Awards For Benefiting Humanity
- The Death Of The Search Algorithm? Techmeme Has Six Editors
- TEDxSF - Little TED Just Like The Big TED
- SNCR Research: Social Media IS Influencing Business Decisions
- What's Next? Beyond Real-Time...
- PearlTrees: A Novel Approach To Human Mapping Of The Internet
- MediaWatch Analysis Part II: Google Has More To Lose Than Murdoch
- MediaWatch Analysis: Murdoch Will Negotiate Payment For Access To Basket Of Content With GOOG et al
- WeekendWatcher: The Sheer Number Of Things Will Devalue Them
- ChipWatch - Where Will The Next Generation Of Engineers Come From?
- Public Healthcare Could Cut Startup Costs And Help Spur Innovation
- Is GOOG's $750m AdMob Buy Strategic Or Dumb? An alternate view...