Symantec Acquires VeriSign’s Security Business for $1.28 Billion

By CircleID Reporter
Symantec Acquires VeriSign’s Security Business for $1.28 Billion

As per earlier rumors, Symantec today officially announced its definitive agreement to acquire VeriSign's identity and authentication business for approximately $1.28 billion in cash. From the annoucement:

"Symantec has signed a definitive agreement to acquire VeriSign’s security business, which includes the Secure Sockets Layer (SSL) Certificate Services, the Public Key Infrastructure (PKI) Services, the VeriSign Trust Services and the VeriSign Identity Protection (VIP) Authentication Service. ... Following the close of the transaction, Symantec plans to incorporate the VeriSign check mark into a new logo to convey that it is safe to communicate, transact commerce and exchange information online."

Related topics: Cybersecurity, Registry Services

Comments

what's left of verisign? Larry Seltzer  –  May 19, 2010 6:52 PM PST

Just Internet infrastructure management stuff like the registries?

Re: what's left of verisign? Ali Farshchian  –  May 19, 2010 7:10 PM PST

Just a website if they also sell their infrastructure management stuff. As of now, their logo design is no longer relevant since the famous 'v' checkmark is part of symantec now…