Tuesday, May 16, 2006

VeriSign to Acquire GeoTrust for SSL

VeriSign agreed to acquire Needham, MA-based GeoTrust, a supplier of SSL and other solutions to secure e-business transactions, for approximately $125 million in cash.

GeoTrust offers hosting providers and businesses with digital certificates for online transaction security. GeoTrust also offers "smart seals" to ensure a trusted identity on the Web. The company claims more than 100,000 companies in over 150 countries use its technology for transaction security, identity verification and trust services on the Internet and over wireless networks.

VeriSign said the acquisition of GeoTrust extends its mission to enable and protect all forms of networked interactions, and addresses the needs of an evolving SSL market.


  • In March 2006, VeriSign agreed to acquire m-Qube, a leading mobile channel enabler that helps companies develop, deliver and bill for mobile content, applications and messaging services, for $250 million dollars net of cash.

  • VeriSign agreed to acquire Kontiki, a provider of managed peer delivery systems for high-quality video, software and digital content, for approximately $62 million dollars. Kontiki's system will form the cornerstone of VeriSign's Broadband Content Services platform to enable the delivery of rich media over broadband networks to personal computers, television sets and portable devices. The broadband delivery capabilities complement VeriSign's Mobile Content Services infrastructure and expand the company's Content Services portfolio.

  • In January 2006, VeriSign agreed to acquire Seattle-based CallVision, a provider of online analysis applications, for $30 million net of acquired cash. The acquisition will enable VeriSign to deliver converged electronic bill presentation, payment and customer self-care applications to mobile operators, Tier 1 carriers, broadband companies and consumer-brand MVNOs worldwide.

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