VeriSign to Spin Out Kontiki
According to sources, Kontiki is set to go private in the next few weeks with the help of venture backing. Terms of the spinoff -- including price -- are still hazy, but one source says the deal will be backed by one of Kontiki's original investors. Before the acquisition by Verisign, Kontiki had raised more than $40 million from Adobe Ventures, Barksdale Group, and Benchmark Capital, among others.
For more on the Kontiki spinoff, see the full story at Contentinople.