The privately held Guardent is known for its open-service delivery platform, dubbed TeraGuard.
VeriSign Inc. is buying managed-security-services firm Guardent Inc., sources close to VeriSign say. Neither Guardent or VeriSign have confirmed the deal, but sources say the acquisition would be valued at about $140 million. Managed-security services has been a big push of VeriSign's this year
The privately held Guardent is known for its open-service delivery platform, dubbed TeraGuard. TeraGuard can manage multiple types of intrusion-detection systems, firewalls, and vulnerability-assessment software, including those sold by Check Point, Cisco, Internet Security Systems, and NetScreen, along with open-source intrusion-detection software Snort and vulnerability assessment software Nessus.
The buyout would follow VeriSign's sale of its domain-name-registration business, Network Solutions Inc., to the venture-capital firm Pivotal Private Equity in October, for about $100 million--$60 million in cash and a $40 million senior subordinated note. Network Solutions sells domain-name registrations as well as E-mail, site, and hosting services. VeriSign said the sale of the unit enabled it to focus on Internet and telecom-network services.
And in June, VeriSign unveiled its Fraud Protection Services, which uses credit-account numbers, names, and the Internet addresses of the parties in a transaction to determine whether the transaction is fraudulent. Fraud protection complements VeriSign's online-payment services.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?