The e world’s largest anti-virus software, Symantec announced on Wednesday, May 19, the acquisition of technology from VeriSign. U.S. software maker Symantec has agreed to buy the technology used to make secure payments over the Internet from VeriSign in a pact valued at 1,280 million dollars (about 1,030 million euros). The acquisition gives Symantec, the biggest maker of security software in the world, the Internet security business of VeriSign, including its crown jewel, SSL technology for electronic payments and other transactions on the Web
By selling its coding activities – sales of professional products to protect data – VeriSign will retain its core business, managing domain names. The online payment business from VeriSign last year accounted for 410 million dollars a year to total sales of one billion dollars
With this acquisition, Symantec continues its strategy of diversification and acquisitions launched in recent months. The group announced in late April and the purchase of PGP Corporation and GuardianEdge Technologies , two companies of encoding data and email, for a total of 370 million dollars .