Symantec buys VeriSign SSL unit for $1.3bn

Symantec has agreed to acquire VeriSign's market-leading SSL certificate business for $1.28 billion, with a plan to make the technology more mainstream. The deal, which does not need shareholder approval, will see Symantec get its hands on a business that already produces $400 million in revenue annually. The company, [in]famous for its Norton brand of desktop security software, reckons it can grow the SSL business, and VeriSign's VIP user authentication system, by...