Symantec Acquires VeriSign’s Security Business for $1.28 Billion

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Symantec Acquires VeriSign’s Security Business for $1.28 Billion

By CircleID Reporter
May 19, 2010, 11:50 pm PDT Views: 7,948 Comments: 2

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.”

By CircleID Reporter

CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.

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Comments

what's left of verisign? Larry Seltzer – May 20, 2010 2:52 AM

Just Internet infrastructure management stuff like the registries?

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Re: what's left of verisign? Ali Farshchian – May 20, 2010 3:10 AM

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...

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