CDN - Symantec to acquire VeriSign's security business

(20-May-10) Symantec Corp. (Nasdaq: SYMC) announced yesterday that it has signed a definitive agreement to acquire Verisign's security business.

The agreement would mean that Symantec would acquire VeriSign's identity and authentication business, which includes the Secure Sockets Layer (SSL) Certificate Services, the Public Key Infrastructure (PKI) Services, VeriSign Trust Services and VeriSign's Identity Protection (VIP) Authentication Service.

Just last month, Symantec announced that it planned purchase two encryption companies, PGP and GuardianEdge, at a total price of $370M in cash. These acquisitions are expected to close during the June quarter, pending customary closing conditions and regulatory approvals.

Click here for full article

To speak to one of our Analysts,
Contact Info-Tech Public Relations


US: 1-888-670-8889
Canada: 1-844-618-3192
International: +1-519-432-3550

Visit our Exponential IT Research Center
Over 100 analysts waiting to take your call right now: 1-519-432-3550 x2019