https://blogs.451research.com/techdeals The 451 Take on Tech M&A Fri, 06 Mar 2020 21:03:15 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.26 http://blogs.451research.com/techdeals/technology-stocks/verisign-jamba/ Tue, 07 Oct 2008 21:38:34 +0000 http://blogs.451research.com/techdeals/?p=126 Continue reading Jamba signs off →]]> VeriSign finally washed its hands of ousted CEO Stratton Sclavos’ failed attempt to enter the consumer segment. It sold off its remaining stake in Jamba to NewsCorp for approximately $200m today. This is likely in preparation for a complete divesture of its Communications Business segment that Jamba belonged to. We expect the divesture will be announced before or at the company’s upcoming Q3 Earnings Report on November 6th.

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