Performancing and PayPerPost Deal is Off

In news that I suspect will please many Performancing users Nick Wilson is just about to announce that their deal to sell some of their assets to PayPerPost is off.

Nick writes:

“After much discussion, we’ve decided that the deal proposed by PayPerPost just isnt right for us or our community. It’s regrettable that we should part ways as I still feel that Dan and Ted are stand up guys breaking new ground, but in the end, the deal was just not right for them or us.”

Instead – their metrics package will become Open Source which means it will end but become available to the developer community to do with as they please.

While it’s sad that their metrics program will close I think it’s a smart move not to sell to PPP as there have been many bloggers complaining about the deal since it was announced and some have already cancelled their metrics accounts.

Nick suggests that those lookign for a good metrics service try out Feedburners package which has just been launched.

Performancing will continue developing their Parters advertising program, their firefox blog editing tool is still being moved to the new brand and domain – ScribeFire.

More details on a post by Nick that will go live on the performancing blog shortly.

Update: PayPerPost has posted of this announcement on their own blog and I’m interested to see that they’re claiming to have walked away from the deal (where Performancing seemed to indicate in Nick’s statement above that they called it off). PPP write:

‘After much discussion and heartache we have decided to walk away from the Performancing deal. We listened to our Posties and other Metrics users, dug into the Metrics platform and regretfully found that it wasn’t what we were looking for right now.’

Seems like an odd way to go about acquiring an asset – announce it, then do the digging. I wonder what the real story is.