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Lehi—DigiCert, a global Certificate Authority and leader of trusted identity solutions, announced Tuesday its acquisition of the CyberTrust Enterprise SSL business from Verizon Enterprise Solutions. Financial terms of the deal were not disclosed.
The acquisition makes DigiCert the second-largest Certificate Authority (CA) for high-assurance SSL certificates. As part of the deal, DigiCert will assume management of the CyberTrust/Verizon trusted roots and intermediate certificates. Verizon will continue to offer SSL Certificates as a reseller of DigiCert.
“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.”
“The combination of two trusted authority market leaders is part of one goal – to help our customers solve the ever-growing challenge of enterprise certificate lifecycle management,” said Mike Denning, vice president, global security, Verizon Enterprise Solutions. “Delivering leading enterprise-class security solutions around the globe – either directly or through resellers – continues to be our primary focus.”
Combining industry-leading customer service experience with intuitive certificate monitoring and management tools, DigiCert PKI solutions help enterprises optimize SSL certificate management and secure the Internet of Things. As a result, DigiCert continues to attract the business of the world's leading brands, including six of the global Alexa Top 10.