A key part of the blogosphere's plumbing lands in the hands of an Internet and telecommunications services giant.Weblog pioneer Dave Winer has sold his Weblogs.com ping server to Internet and telecommunications services giant VeriSign Inc.
News of the deal swirled around the blogosphere all day Thursday and was confirmed by Michael Graves, technology evangelist for VeriSign's Real Time Web team.
Financial terms of the deal were not released but bloggers tracking the story speculate that Winer was paid between $2 million and $5 million for the assets of Weblogs.com, a ping server considered a key part of the blog world.
Weblogs.com is a free, standards-based service that lets millions of bloggers send notifications, or pings, when content has been updated.
According to VeriSign's Graves, the company decided to acquire Weblogs.com assets when it became clear that the service needed significant infrastructure investment to cope with the millions of daily blog pings.
Weblog pioneer Dave Winer has sold his Weblogs.com ping server to Internet and telecommunications services giant Verisign Inc.
News of the deal swirled around the blogosphere all day Thursday and was confirmed by Michael Graves, technology evangelist for VeriSign's Real Time Web team.
Read the full story on eWEEK.com: VeriSign Acquires Dave Winer's Weblogs.com
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