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

What IT skills are in demand?

IT security tops the list of skills that teams need most, and one out of five reported having difficulty finding skilled talent for cloud initiatives. Companies are also looking for pros who have skills in network engineering, systems engineering, IT architecture and network operations.


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, Apr 17th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //