Symantec Completes Acquisition Of VeriSign's Security Business

Symantec has announced its acquisition of VeriSign’s identity and authentication business has completed, which includes the Secure Sockets Layer (SSL) and Code Signing Certificate Services, the Managed Public Key Infrastructure (MPKI) Services, the VeriSign Trust Seal, the VeriSign Identity Protection (VIP) Authentication Service and the VIP Fraud Detection Service (FDS).

“Enterprises and consumers alike expect simple and secure access to information from any device, protection from identity fraud, and online experiences that are user-friendly and hassle-free,” said Enrique Salem, President and CEO, Symantec. “The combination of Symantec’s leading security solutions with VeriSign’s security products, services and recognition as the most trusted brand online, uniquely positions Symantec to drive the adoption of identity security and restore trust online unlike any other company.”
Signifying Trust Online

The VeriSign check mark is the most recognised symbol of trust online with more than 250 million impressions every day on more than 90,000 websites in 160 countries. Symantec has begun the process to transition to a new corporate identity incorporating the VeriSign check mark.

Creating Mutually Trusted Interactions Online

With the completion of the acquisition, Symantec’s current portfolio, along with assets from VeriSign, provides the depth and breadth of technologies to make identity-based security of information part of a comprehensive security solution. Integration efforts are expected to:

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• Provide VeriSign’s SSL Certificate Services with Symantec Critical System Protection through the sales channel. By quickly enabling the sales force to begin cross-selling these offerings, Symantec will help organisations ensure and verify a higher level of security on their web servers, providing users with the trust and confidence to do business online.

• Align the VeriSign SSL and client PKI authentications services with Symantec Protection Center (SPC) to provide a unified enterprise security management solution.

• Strengthen user access security by expanding Symantec’s Data Loss Prevention solutions and Data Insight technology with VeriSign’s identity security services to ensure that only authorised users have access to appropriate information.