VeriSign acquires security service provider

Thursday, 18 December 2003, 1:33 PM EST

"In addition to being a world-class company in its own right, Guardent is a perfect strategic fit," said VeriSign chief executive officer Stratton Sclavos.

"By combining forces, we will solidify VeriSign's leadership in network security," he said, adding that with Guardent's customer base, vulnerability management technology and security expertise, the merged company will be better able to serve customers.

VeriSign will pay about $140m in stock and cash for Guardent, while gaining about 150 full-time Guardent employees. The acquisition, which is expected to close in the first quarter of next year, is subject to regulatory approvals and other conditions.

[ Read more ]




Spotlight

The big picture of protecting and securing Big Data

Today almost every company is dealing with big data in one way or another – including customer data, tracking data, and behavioral marketing information – connecting every aspect of our lives. While this is a cutting edge use of technology, data monitoring can become dangerous when placed in the wrong hands.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Aug 28th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //