VeriSign focuses on managed security services

Tuesday, 7 May 2002, 11:26 AM EST

VeriSign Inc will today announce a series of new and enhanced managed services aimed at enterprises that want to outsource the complexity of their security infrastructure. The company has inked a number of partnerships to help it manage customers' firewalls, VPNs and intrusion detection systems.

The company faces serious pricing challenges in its mass-market domain name and digital certificate business, and evidently sees managed services as a way to increase the revenue from its enterprise services division and decrease its exposure to volatile commodity markets.

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