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

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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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., VeriSign, jamba

Industry Moves
Industry Moves: Verisign CEO Roper Resigns; Bidzos Is Interim Head

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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Posted In: Industry Moves, Companies, VeriSign

Earnings
Verisign’s Mobile Content Revenues Keeps Tanking; Profits About Steady

Apr 20, 2006 3:05 PM

Updated, read below: 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)…

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Posted In: Money, Earnings, Companies, VeriSign

Earnings
Earnings: VeriSign’s Content Revenues Drop 25 Percent Sequentially

Oct 19, 2005 3:10 PM

More trouble for VeriSign‘s mobile content business: its content revenues drop 25 percent for Q3, from Q2…it generated revenues of $131 million, a 25% decrease over Q2 and an increase of 78% year over year. The content revenues are from mobile content (Jamba, Jamster, LightSurf and SMS and MMS interoperability…

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Posted In: Money, Earnings, Companies, VeriSign

Jamdat Files Lawsuit Against Jamster-Verisign For Name Confusion

Aug 11, 2005 3:09 PM

Jamdat Mobile has filed a lawsuit again Verisign, the parent company of Jamster, alleging name confusion in U.S. Jamster, which launched in U.S. in January, is causing name confusion among customers, said Mitch Lasky, CEO of Jamdat, in its Q2 earnings call today. It is alleging trademark infringement and is…

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Posted In: Companies, Electronic Arts, EAMobile, VeriSign

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