Verisign Inc: Key Developments
VeriSign, Inc. Provides Digital Identity Management To Aerospace and Defense Industry
November 18, 2009 |
| VeriSign, Inc. announced that VeriSign's Managed Public Key Infrastructure (PKI) service now enables aerospace and defense (A&D) organizations to quickly and cost-effectively deploy a PKI solution. VeriSign's Managed PKI helps reduce customer risk and minimizes expenses, eliminating the up-front costs of acquiring systems, software and people to operate an in-house Certificate Authority (CA) for cross-certification with CertiPath. |
VeriSign, Inc. Chosen To Protect The Windows Azure Platform
November 17, 2009 |
| VeriSign, Inc. announced that it will provide cloud-based security and authentication for the Windows Azure platform. Microsoft will use proven VeriSign Secure Sockets Layer (SSL) Certificates and VeriSign Code Signing Certificates to safeguard cloud-based services and applications developed and deployed on the Windows Azure platform. The platform is comprised of Windows Azure; an operating system in the cloud; SQL Azure; a fully relational database in the cloud; and the Windows Azure platform AppFabric Service Bus and Windows Azure platform AppFabric Access Control. a set of pre-integrated, higher-level application services enabling developers to more easily deploy and manage composite applications spanning both server and cloud. |
Mobile Messenger Acquires Qube, Inc. From VeriSign, Inc.
November 16, 2009 |
| Mobile Messenger announced that it acquired m-Qube, Inc., a mobile messaging aggregator, from its parent company, VeriSign, Inc. Under the terms of the agreement, Mobile Messenger obtains m-Qube's direct connections to carriers in the US and Canada, and its entire business delivering standard commercial messaging and premium mobile content to customers throughout North America. Terms of the deal were not disclosed. |
VeriSign, Inc. Issues Q4 2009 Revenue Outlook Below Analysts' Estimates-Conference Call
November 5, 2009 |
| VeriSign, Inc. announced that for the fourth quarter of 2009, it expects revenue for the core businesses to be $258 to $262 million. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $265 million for the same period. |
Syniverse Technologies Inc Completes Acquisition Of VeriSign, Inc.'s Messaging Business
October 26, 2009 |
| Syniverse Technologies Inc announced that it completed its acquisition of VeriSign, Inc.'s Messaging and Mobile Media Services for approximately $175 million in cash. |
VeriSign, Inc. Partners With Diyar United And MAK To Provide National PKI Program For Kuwait Government
October 7, 2009 |
| VeriSign, Inc. announced that with Kuwait setting its sights on launching a National ID Card program, the country's government has selected VeriSign, Inc. to provide the secure authentication, encryption and digital certificate technologies needed to underpin the new program. The Kuwaiti Public Authority for Civil Information (PACI), the government organization responsible for the ID issuance for the population of Kuwait, chose the VeriSign National Public Key Infrastructure (PKI) Platform to enable the new effort to provide ID cards to more than three million citizens and visa holders. VeriSign is providing the PKI solution through VeriSign's partner and reseller in Kuwait Diyar United Company (DUC), a regional information and communication technology leader, under the umbrella of Mohamed Abdul Mohsen Al-Kharafi (MAK), the prime contractor and a world renowned organization. |
VeriSign, Inc. and iLoop Mobile Introduce Dynamic SMS Marketing Solution
October 6, 2009 |
| VeriSign Messaging and Mobile Media, a division of VeriSign, Inc., announced a business relationship with iLoop Mobile to provide a dynamic short message service (SMS) marketing solution for enterprise organizations large and small. By combining VeriSign's mobile aggregation and Mobile Enterprise Services with iLoop Mobile's robust mobile marketing technology platform, the two companies are offering a single solution that eliminates the complexities of launching mobile campaigns and services, making it easy and fast for businesses to launch mobile initiatives worldwide. |
Wilmington Trust Selects VeriSign, Inc. To Power New Mobile Banking Services
September 2, 2009 |
| VeriSign Messaging and Mobile Media, a division of VeriSign, Inc. announced that it has been selected by Wilmington Trust to provide text banking services to its clients. Clients will now be able to access banking information, such as ATM and branch locations, personal account information, and recent transaction history via text message, enabling added convenience and access to real-time information via their mobile devices. |
VeriSign, Inc. to Sell Messaging Business to Syniverse Holdings, Inc. for $175 Million Cash
August 25, 2009 |
| VeriSign, Inc. announced a definitive agreement to sell its Messaging Business to Syniverse Holdings, Inc., for cash consideration of $175 million, subject to working capital adjustments. |
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