(The Hosting News) – DigiCert, a global Certificate Authority and leader of trusted identity solutions, today announced 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.”