Symantec Acquires VeriSign’s Security Business for $1.28 Billion

Home / News

Symantec Acquires VeriSign’s Security Business for $1.28 Billion

By CircleID Reporter
May 19, 2010, 11:50 pm PDT Views: 8,442 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.”

NORDVPN DISCOUNT - CircleID x NordVPN
Get NordVPN [74% +3 extra months, from $2.99/month]

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.
Visit Page

Filed Under

Comments

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

Just Internet infrastructure management stuff like the registries?

# 1 Reply | Link | Report Problems

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...

# 2 Reply | Link | Report Problems

The Weekly Wrap

More and more professionals are choosing to publish critical posts on CircleID from all corners of the Internet industry. If you find it hard to keep up daily, consider subscribing to our weekly digest. We will provide you a convenient summary report once a week sent directly to your inbox. It's a quick and easy read.