M&A Deal Summary

DigiCert Acquires Symantec - Website Security and Related PKI Solutions

On August 2, 2017, DigiCert acquired information technology company Symantec - Website Security and Related PKI Solutions from Gen Digital for 950M USD

Acquisition Highlights
  • This is DigiCert’s 2nd transaction in the Information Technology sector.
  • This is DigiCert’s largest (disclosed) transaction.
  • This is DigiCert’s 2nd transaction in the United States.
  • This is DigiCert’s 1st transaction in California.

M&A Deal Summary

Date 2017-08-02
Target Symantec - Website Security and Related PKI Solutions
Sector Information Technology
Buyer(s) DigiCert
Sellers(s) Gen Digital
Deal Type Add-on Acquisition
Deal Value 950M USD

Target

Symantec - Website Security and Related PKI Solutions

Mountain View, California, United States
Symantec Corp. - Website Security and Related PKI Solutions is a provider of an unparalleled protection for the cloud generation through Symantec's Integrated Cyber Defense Platform.

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Buyer(S) 1

Buyer

DigiCert

Lehi, Utah, United States

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

DigiCert is a provider of high-assurance digital certificates, certificate management software solutions, and public-key infrastructure solutions, which enable authentication and encryption for web servers and internet of things devices. DigiCert was founded in 2003 and is headquartered in Lehi, Utah.


DEAL STATS #
Overall 2 of 6
Sector (Information Technology) 2 of 5
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 2
Country (United States) 2 of 5
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-23 Cybertrust

Herndon, Virginia, United States

Cybertrust provides large enterprises and governments around the world with a suite of security products and services to address their vulnerability detection and prevention, identity management, risk management, and compliance needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-17 QuoVadis

Hamilton, Bermuda

QuoVadis is an international provider of online identity certification services. QuoVadis’ outsourced services allow customers to meet their obligations for data integrity and privacy. QuoVadis provides digital certificate and smartcard solutions to secure access for computer networks and applications, to encrypt data and transactions, and to authenticate people, devices and documents. The company is a Qualified Certification Services Provider (CSP) in Switzerland and Bermuda, and was one of the first providers worldwide authorized to issue “Extended Validation” SSL certificates.

Buy $45M

Seller(S) 1

SELLER

Gen Digital

Tempe, Arizona, United States

Category Company
Founded 1982
Sector Information Technology
Employees2,700
Revenue 3.8B USD (2024)
DESCRIPTION

Gen Digital is a cyber safety company that is dedicated to helping secure the devices, identities, online privacy, and home and family needs of approximately 50 million consumers, providing them with a trusted ally in a complex digital world. Gen Digital was founded in 1982 and is based in Tempe, Arizona.


DEAL STATS #
Overall 4 of 5
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 1 of 1
State (California) 3 of 4
Country (United States) 4 of 5
Year (2017) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Skycure

Tel Aviv, Israel

Skycure Ltd. is a provider of platform which offers unparalleled depth of threat intelligence to predict, detect and protect against the broadest range of existing and unknown threats. Skycure was founded in 2012 and is based in Tel Aviv, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-06 SurfEasy

Toronto, Ontario, Canada

SurfEasy, Inc. is a software company offers an "easy to use" VPN solution. SurfEasy is based in Toronto, Ontario.

Buy -