Symantec buys a chunk of VeriSign for $1.28 billion

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Matthew

Posts: 5,269   +103
In its third purchase this year, Symantec has announced that it will buy a portion of VeriSign that specializes in Internet security technology. The $1.28 billion deal includes VeriSign's secure sockets layer (SSL) certificate services, public key infrastructure (PKI) services, and identity protection and authentication service. Additionally, Symantec will receive a majority stake in VeriSign Japan.

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tengeta

Posts: 610   +4
Well... out the window goes secure SSL for most websites. F***ing Symantec? These are the morons that infect generations of computers with their anti-virus virus.
 

Burty117

Posts: 3,750   +1,610
Hasn't this company died already? every time I come past one of their products (well backup exec is ok and some of their drive ghosting programs) its a pile of rubbish! their anti-virus being the worse program since the discovery of the super devil!
 

PanicX

Posts: 648   +1
This sucks. Symantec systematically purchases and destroys vendors products. Not that I can say Verisign offered a great product, they're pricing is WAY overinflated. But I don't see how this will benefit us at all.
 
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