Symantec to acquire VeriSign business

Posted by   Virus Bulletin on   May 20, 2010

Vendor splashes out more cash on authentication.

Symantec, the AV vendor with a reputation for snapping up other companies, has announced its purchase of VeriSign's authentication services business.

The $1.28 billion cash deal - expected to close in the quarter ending in September - follows hot on the heals of two other encryption-related purchases as the company completed deals to acquire PGP and GuardianEdge earlier this month.

Symantec says it plans to combine VeriSign's SSL certificate services with its own protection suite for servers, while the VeriSign Identity Protection user authentication service will complement its Identity Safe capabilities within the Norton product range.

Symantec also plans to incorporate the VeriSign check mark into a new logo once the transaction has completed.

The official announcement of the deal from Symantec is here, with more details here. Industry analysts express their views on the acquisition in a CNet article here.

Posted on 20 May 2010 by Virus Bulletin



Latest posts:

VB2019 paper: The push from fiction for increased surveillance, and its impact on privacy

In a paper presented at VB2019 in London, researchers Miriam Cihodariu (Heimdal Security) and Andrei Bogdan Brad (Code4Romania) looked at how surveillance is represented in fiction and how these representations are shaping people's attitudes to…

VB2019 paper: Oops! It happened again!

At VB2019 in London industry veterans Righard Zwienenberg and Eddy Willems took a detailed look at the relationship between past and current cyber threats. Today, we publish both their paper and the recording of their presentation.

Job vacancy at VB: Security Evangelist

Virus Bulletin is recruiting for a person to be the public face of the company

VB2019 video: Thwarting Emotet email conversation thread hijacking with clustering

At VB2019 in London, ZEROSPAM researchers Pierre-Luc Vaudry and Olivier Coutu discussed how email clustering could be used to detect malicious Emotet emails that hijacked existing email threads. Today we publish the recording of their presentation.

VB2019 paper: A vine climbing over the Great Firewall: a long-term attack against China

Today we publish a VB2019 paper from Lion Gu and Bowen Pan from the Qi An Xin Threat Intelligence Center in China in which they analysed an APT group dubbed 'Poison Vine', which targeted various government, military and research institutes in China.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.