Like Nick Denton and David Galbraith, I can't comment on the acquisition. What I can say is that Moreover was a pioneer in the early use of weblogs via newsblogger, news search, and content syndication via XML and RSS. That being said, we had to make some choices when the economy cratered in 2000 and sometimes you can be too early to market before people are fully ready for what you have. I now look forward to what Verisign will do with the combined weblogs.com/Moreover Technologies group. As David Galbraith says, it will be interesting to watch...
I have been banging on about the importance of ping servers for a while, perhaps Versign with Moreover and Weblogs.com can do something or perhaps another startup will.
Whatever happens, the architecture of online publishing is changing and with it, the entire architecture of search - pinged instead of crawled. That is a very big deal for Google.
It has been quite a journey during the last five years, but I am glad that I had the chance to work closely with so many talented professionals like Nick Denton, Jeff Jarvis, David Galbraith, Jim Pitkow, and Angus Bankes, many of whom are helping shape the next generation web.