Verisign

Verisign, Inc.
Company typePublic
IndustryInternet, communications
FoundedApril 12, 1995; 29 years ago (1995-04-12)[1]
FounderJames Bidzos
HeadquartersReston, Virginia,
U.S.
Key people
James Bidzos (chairman & CEO)
RevenueIncrease US$1.49 billion (2023)
Increase US$1.00 billion (2023)
Increase US$818 million (2023)
Total assetsDecrease US$1.75 billion (2023)
Total equityDecrease US$−1.6 billion (2023)
Number of employees
908 (2023)
ASNs
Websiteverisign.com
Footnotes / references
[2]

Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.

In 2010, Verisign sold its authentication business unit – which included Secure Sockets Layer (SSL) certificate, public key infrastructure (PKI), Verisign Trust Seal, and Verisign Identity Protection (VIP) services – to Symantec for $1.28 billion.[3] The deal capped a multi-year effort by Verisign to narrow its focus to its core infrastructure and security business units. Symantec later sold this unit to DigiCert in 2017.[4] On October 25, 2018, NeuStar, Inc. acquired VeriSign's Security Service Customer Contracts.[5] The acquisition effectively transferred Verisign Inc.'s Distributed Denial of Service (DDoS) protection, Managed DNS, DNS Firewall and fee-based Recursive DNS services customer contracts.[6]

Verisign's former chief financial officer (CFO) Brian Robins announced in August 2010 that the company would move from its original location of Mountain View, California, to Dulles in Northern Virginia by 2011 due to 95% of the company's business being on the East Coast.[7] The company is incorporated in Delaware.[8]

  1. ^ "Verisign Company Profile - CNNMoney.com". CNN Money. Archived from the original on October 10, 2017. Retrieved September 1, 2016.
  2. ^ "Verisign 2023 Annual Report 10-K". U.S. Securities and Exchange Commission. February 15, 2024.
  3. ^ Antone Gonsalves (May 20, 2010). "Symantec To Buy VeriSign Unit For $1.28 Billion – Storage – Disaster". Informationweek.com. Archived from the original on May 22, 2010. Retrieved July 13, 2013.
  4. ^ "Symantec Plans to Sell This Business for Nearly $1 Billion". Fortune. August 2, 2017. Archived from the original on January 4, 2018. Retrieved March 1, 2018.
  5. ^ "NeuStar Acquires VeriSign - Security Services Customer Contracts | Mergr". mergr.com. Archived from the original on February 29, 2020. Retrieved February 29, 2020.
  6. ^ "Neustar Acquires Verisign's Security Services Customer Contracts". home.neustar. Archived from the original on April 19, 2019. Retrieved February 29, 2020.
  7. ^ Krouse, Sarah (August 27, 2010). "VeriSign shifts headquarters to Virginia". Washington Business Journal. Archived from the original on August 30, 2010. Retrieved March 1, 2018.
  8. ^ "EDGAR Search Results". www.sec.gov. Archived from the original on October 16, 2018. Retrieved October 16, 2018.