Feeds

VeriSign snags iDefense for $40m

Managed security services play

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Net infrastructure firm VeriSign has bought security intelligence firm iDefense for $40m in cash. iDefense's 45 employees will join VeriSign in a move designed to bolster its managed security services offering with proactive threat warning and security remediation advice.

iDefense is best known for its controversial vulnerability contributor program, which rewards hackers for advance notification of unpublished vulnerabilities or exploit code. It's not immediately clear if the program will continue post acquisition.

VeriSign's rivals in the managed security market include Symantec and Cybertrust, both of which came into the market niche through acquisitions, and Counterpane. In a statement, VeriSign said revenue and earnings contribution from the acquisition wouldn't affect its financial results in 2005. ®

Related stories

Merger creates world's biggest IT security services firm
'Doomsday nerds' defend cyberspace
Mozilla to pay bounty on bugs
IT security to go offshore. Maybe
UK trojan siege has been running over a year

Beginner's guide to SSL certificates

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.