Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

DigiCert Acquires Verizon Enterprise SSL Business

Global Certificate Authority (CA) DigiCert announced on Tuesday that it has acquired the CyberTrust Enterprise SSL business from Verizon Enterprise Solutions.

The acquisition will help DigiCert become the second-largest CA for high-assurance SSL Certificates, behind industry leader Symantec.

Global Certificate Authority (CA) DigiCert announced on Tuesday that it has acquired the CyberTrust Enterprise SSL business from Verizon Enterprise Solutions.

The acquisition will help DigiCert become the second-largest CA for high-assurance SSL Certificates, behind industry leader Symantec.

As part of the deal, Lehi, Utah-based DigiCert will assume management of the CyberTrust trusted roots and intermediate certificates.

Moving forward, Verizon will continue to offer SSL Certificates as a reseller of DigiCert, according the announcement.

In addition to issuing SSL certificates themselves, DigiCert offers certificate monitoring and management tools, and PKI solutions to help enterprises optimize SSL Certificate management.

“This acquisition should prove beneficial for enterprise clients,” said DigiCert CEO Nicholas Hales. “Verizon clients will benefit from our PKI innovation that reduces the complexity of certificate management to more efficiently safeguard their data and give them greater control over key management, network security and enterprise certificate issuance.”

Financial terms of the acquisition were not disclosed were not disclosed, and a SecurityWeek inquiry to Verizon as to why it was divesting its SSL business was not answered.

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Artificial Intelligence

ChatGPT is increasingly integrated into cybersecurity products and services as the industry is testing its capabilities and limitations.

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Compliance

Government agencies in the United States have made progress in the implementation of the DMARC standard in response to a Department of Homeland Security...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023