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Symantec, VeriSign Seal the Deal

Symantec has this week completed its acquisition of VeriSign's identity and authentication business. In a bid to present a single security source to companies looking to lock down enterprise and client facing applications, the company hopes that this deal will elevate its position in the market. To support this, Symantec has begun the process to transition to a new corporate identity incorporating the VeriSign check mark.

As part of the deal, Symantec now takes control or VeriSign's Secure Sockets Layer (SSL) and Code Signing Certificate Services, its Managed Public Key Infrastructure (MPKI) Services, the VeriSign Trust Seal, the VeriSign Identity Protection (VIP) Authentication Service and the company's VIP Fraud Detection Service (FDS).

"As identity issues pervade many corporate and consumer security functions, there is a strong synergy between Symantec and VeriSign," said Christian Christiansen, vice president of security products and services, IDC. "As devices, data, web services and applications continue to proliferate; strong authentication and identity management become crucial to reducing the risk of unauthorized information exposure, protecting privacy and increasing trust."

The VeriSign check mark receives more than 250 million impressions every day on more than 90,000 websites in 160 countries. The external global rollout of the new brand will begin in December 2010.

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