Symantec VeriSign acquisition finalised
Symantec's acquisition of VeriSign's identity and authentication business has officially gone through.


Symantec has completed its acquisition of VeriSign's security arm a deal that was announced in May this year.
A range of VeriSign products will be handed over to Symantec, including the VeriSign Identity Protection (VIP) Authentication Service and the VIP Fraud Detection Service.
VeriSign's identity and authentication business will become part of Symantec's Enterprise Security Group and the companies' security solutions will be brought together to offer a broader protection offering to businesses.
"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," said Enrique Salem, president and chief executive (CEO) of Symantec.
Symantec has started creating a new corporate logo incorporating the VeriSign check mark a symbol that gets more than 250 million impressions every day.
Roll out of these logos will be initiated towards the end of 2010.
The deal announced earlier this year was signed for $1.28 billion (0.81 billion) and also includes a majority stake in VeriSign Japan.
Get the ITPro daily newsletter
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
Tom Brewster is currently an associate editor at Forbes and an award-winning journalist who covers cyber security, surveillance, and privacy. Starting his career at ITPro as a staff writer and working up to a senior staff writer role, Tom has been covering the tech industry for more than ten years and is considered one of the leading journalists in his specialism.
He is a proud alum of the University of Sheffield where he secured an undergraduate degree in English Literature before undertaking a certification from General Assembly in web development.
-
The IT industry’s shift to circular, low-carbon solutions
Maximize your hardware investment and reach your sustainability goals with HP’s Renew Solutions
-
Lenovo ThinkPad X9 14 Aura Edition review
Reviews This thin and light ultraportable will draw you in with its vibrant screen – but it isn't as powerful as some of its competitors
-
India backtracks on biometric ID system warning
News Despite alerting citizens to problems with the system, it has now withdrawn the warning two days after its publication
-
Dell and Symantec reports paint worrying cyber security picture for the year ahead
News Cyber security fears abound if the latest research is anything to go by...
-
Symantec board ousts CEO
News Security vendor's chairman takes over the company reins after Enrique Salem's shown the door.
-
Symantec acquires LiveOffice
News The security giant buys up the cloud archiving firm for $115 million.
-
CEOs put block on cloud migration plans
News Symantec research has found that nervy CEOs are resisting attempts to move to the cloud.
-
Targeted attacks set to blow up in 2011
News Symantec says targeted attacks will spike this year, following 2010 where Stuxnet set a new precedent.
-
Data breach cost hits £1.9 million
News The average cost for a data breach in the UK rises to £1.9 million in 2010, up 13 per cent from 2009.
-
Symantec confirms VeriSign deal
News The rumours prove to be true as Symantec confirms its acquisition of VeriSign’s security arm.