Techcrunch is reporting that PayPerPost is buying Performancing and will make the announcement today.

They say that the reason for the purchase appears to be for PayPerPost to get access to the 28,000 Performancing users, most of whom are bloggers and potential customers of PayPerPost. The popular Performancing Firefox blog editing plugin is not being acquired, and will be spun off into a new brand.

Update: It is offical here is the press release from Business Wire with all the “formal” details.