Verizon bags Cybertrust
Managing security concerns
US telco Verizon has agreed to buy managed security services outfit Cybertrust for an undisclosed sum.
Privately-held Cybertrust will be subsumed by Verizon Business, making the division the world's largest government and big business managed security operation.
Cybertrust is based in Virginia and has about 800 employees worldwide. Verizon is trying to up its security game as ever more communications are carried over IP networks. The firm will get its hands on ICSA Labs as part of the deal, which claims to certify 95 per cent of deployed security software.
The deal is expected to complete in the next two to three months. ®