Symantec to buy VeriSign’s security unit for $1.3B, reports say

Security vendor Symantec Corp. is reported to be close to buying VeriSign Inc.’s security business for $1.3 billion. The Wall Street Journal quoted unidentified sources as saying it would give the company control of the $410 million authentication business. Last October the company sold its Global Security Consulting unit to AT&T in a deal, the terms of which were not disclosed. The deal would be the second security related business unit that the company has shed in the past few months.”]

Source: https://www.csoonline.com/article/2125179/symantec-to-buy-verisign-s-security-unit-for–1-3b–reports-say.html