It is easy to get confused with the pace of M&A activity Weblogs.com - has been acquired Yesterday Weblogs Inc was acquired by AOL. Guess the irrational exuberance of Web 2.0 is in full flow. Seems there is a desire for many tech companies to take advantage of the boom in M&A activity with several other major technology content /media companies rumored to be considering their strategic options.
Word is out, and it’s true: VeriSign has acquired the assets of Dave Winer’s weblogs.com. I’m sure Dave will have plenty to say on the subject, but weblogs.com this past year has reached a point where Dave needed to either a) invest significant capital into the development of Weblogs 2.0 – a ping server to handle the next several years of traffic growth, b) sell it to someone else who would do the same, or c) watch as the current system slowly (or maybe quickly) succumbed to the ever-growing stream of pings. Last Thursday weblogs.com processed just under 2 million (1.96M) pings for the day. When we started talking with Dave, a couple months back, the ping totals were barely half of that, and the load even then on the servers made pinging weblogs a chancy proposition during peak posting times (late morning and mid-evening in the US). For a long time, ping servers could be stood up as a single box running on a fast business DSL connection. Those days have passed at least for the popular ping servers; pings are well on their way to requiring serious infrastructure.