VERISIGN INC

VERISIGN INC

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Company Overview
VeriSign Inc. operates digital infrastructure that enables and protects billions of interactions every day across the world’s voice and data networks. Founded in 1995, the company’s corporate headquarters is located in Mountain View, California in the United States of America.
Every day, VeriSign processes as many as 31 billion Internet interactions and supports more than 100 million phone calls. The company offers solutions that help companies to deliver integrated marketing campaigns and mobile content across the three screens of personal computers, mobile phones, and television sets. Its solutions help organizations to deliver emerging services such as mobile banking, voice over Internet Protocol (VoIP), and video over broadband. The company provides layered security solutions that protect an organization’s consumers, brand, Web site, and network. Its digital certificates protect more than 750,000 Web servers.
VeriSign is a global enterprise with offices throughout the Asia-Pacific region, Europe, Latin America, and North America, supported by a widespread international network of data centers and operations centers. The company is the authoritative directory provider of all .com, .net, .cc, and .tv domain names. It operates the largest independent SS7 network in the world. The company monitors more than 1.5 billion security events daily and secures more than 500,000 Web servers worldwide. Its products and services include SSL Certificates, Communications Services, Security Services, Content and Messaging Services, Global Consulting Services, and Domain Name Services.
VeriSign offers targeted solutions for carriers, consumer product and retail companies, financial services organizations, healthcare and life sciences organizations, media and entertainment companies, and the public sector. Some of the company’s customers include Airadigm Communications, Attenda Ltd., blinkx.tv, Charles Schwab & Co. Inc., Click.tv, Comerica, D&E Communications, Deutsche Lufthansa AG, Deutsche Post World Net, and eFunds Inc.
The VeriSign Trust Network of Global Payment Affiliates provides customers worldwide with payment services for individuals, small/medium businesses and large enterprises. These trusted partners offer the advantages of local presence, local language, and products and services tailored to local markets. The company’s affiliates are located in Africa, the Middle East, Asia-Pacific, Europe, and Latin America.
Business Summary
VeriSign, Inc. (VeriSign) operates in two segments: Internet Infrastructure and Identity Services (3IS), which consists of Naming Services and Authentication Services; and Other Services, which consists of the continuing operations of its Content Portal Services (CPS), its remaining non-core business, and legacy products and services from divested businesses. Naming Services is the authoritative directory provider of all .com, .net, .cc, .tv, .name, .jobs and .edu domain names. Authentication Services consists of Business Authentication Services and User Authentication Services. Business Authentication Services enable enterprises and Internet merchants to implement and operate secure networks and Websites that utilize Secure Socket Layer (SSL) protocol.
Description and history
VeriSign, Inc. (VeriSign), incorporated on April 12, 1995, operates in two segments: Internet Infrastructure and Identity Services (3IS), which consists of Naming Services and Authentication Services; and Other Services, which consists of the continuing operations of its Content Portal Services (CPS), its remaining non-core business, and legacy products and services from divested businesses. Naming Services is the authoritative directory provider of all .com, .net, .cc, .tv, .name, .jobs and .edu domain names. Authentication Services consists of Business Authentication Services and User Authentication Services. Business Authentication Services enable enterprises and Internet merchants to implement and operate secure networks and Websites that utilize Secure Socket Layer (SSL) protocol.

On May 1, 2009, the Company sold its Communications Services business, which provided Billing and Commerce Services, Connectivity and Interoperability Services, and Intelligent Database Services. On April 10, 2009, the Company sold its International Clearing business, which enabled financial settlement and call data settlement for wireless and wireline carriers. During the year ended December 31, 2009, the Company sold its Messaging and Mobile Media (MMM) Services business, which consisted of the InterCarrier Messaging, PictureMail, Premium Messaging Gateway and Mobile Enterprise Service. In 2009, it sold its Global Security Consulting (GSC), Managed Security Services (MSS), Mobile Delivery Gateway (MDG) Services, Real-Time Publisher (RTP) Services business. In 2009, it also wound down the operations of the Pre-pay Services business.

Internet Infrastructure and Identity Services Group

VeriSign’s 3IS group consists of its Naming Services and Authentication Services. The Registry Services business operates the authoritative directory of all .com, .net, .cc, .tv, .name, .jobs and .edu domain names. The Company is a registry of domain names within the .com, .net and .name generic top-level domains (gTLDs) under agreements with the Internet Corporation for Assigned Names and Numbers (ICANN) and the United States Department of Commerce (DOC). As a registry, it maintains the master directory of all second-level domain names in these top-level domains (johndoe.com and janedoe.net). These top-level domains are supported by its global constellation of domain name servers.

The Company owns and maintains the shared registration system that allows all registrars to enter new second-level domain names into the master directory and to submit modifications, transfers, re-registrations and deletions for existing second-level domain names (Shared Registration System). With its existing gTLDs and country code top-level domains (ccTLDs), it also provides internationalized domain name (IDN) services that enable Internet users to access Websites in characters representing their local language. IDNs may be registered in as many as 350 different native languages and scripts. The Company also supports the Domain Name Systems (DNS) by locating and translating certain Internet protocol (IP) addresses into Internet domain names. VeriSign Internet Defense Services provides infrastructure assurance to organizations and is consisted of VeriSign iDefense Security Intelligence Service (iDefense) and VeriSign Internet Defense Network (VIDN).

Authentication Services

The Company offers Business Authentication Services, which include VeriSign, thawte and GeoTrust branded SSL certificates. The Company offers SSL certificate services, which include VeriSign Secure Site with Extended Validation (EV) SSL certificates and Secure Site Pro with EV SSL certificates, VeriSign Secure Site and Secure Site Pro certificates, and GeoTrust and thawte branded certificates. User Authentication Services offer a variety of authentication methods to help enterprises deploy secure remote access and secure business applications through public key infrastructure (PKI), digital certificates or one-time passwords.

The Company offers a suite of User Authentication products and services, including its VeriSign Identity Protection (VIP) Service, its Fraud Detection Service and its VeriSign PKI Service. The Company’s VIP Service allows organizations to secure username and password access credentials with a one time password, before permitting access to protected online resources. Its Fraud Detection Service provides an invisible means of delivering proactive protection to consumers by detecting fraudulent logins and transactions in real-time without affecting a legitimate user’s Web experience.

The Company competes with Neustar, Inc., Afilias Limited, Nominum, Inc., Google Inc., Microsoft Corporation, Yahoo! Inc., RSA Security, Inc., Entrust, Inc., IdenTrust, Inc. and AOL Inc.

Business Line
Provides digital infrastructure services that enables and protects interactions of voice and data networks
Subsidiary
ALPHA
Advisor
KPMG LLP
IPO date
1/1998
US SIC Code
7371
Company Address
487, East Middlefield Road

City province or state postal code
94043, MOUNTAIN VIEW, CA
Phone: +1 650 961 7500
Fax: +1 650 961 7300
Country address: UNITED STATES OF AMERICA
Website url: www.verisign.com