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This excerpt taken from the VRSN 10-K filed Mar 3, 2009. Note 18. Related Party Transactions
The following table shows a comparison of revenues recognized from customers in which VeriSign holds an equity investment, including its International Affiliates:
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Table of ContentsVERISIGN, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
DECEMBER 31, 2008, 2007 AND 2006
VeriSign recognized revenues of $9.6 million and $10.2 million in 2008 and 2007, respectively, from a service agreement with its investments in unconsolidated entities related to the Jamba joint ventures. At December 31, 2007, the Company had approximately $5.1 million in accounts receivable from its investments in unconsolidated entities. In October 2008, VeriSign sold its remaining 49% ownership interest in the Jamba joint ventures and settled all amounts receivable from the Jamba joint ventures. At December 31, 2008 and 2007, VeriSign had $6.6 million and $6.4 million, respectively, in accounts receivable from other equity investments.
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