M&A Deal Summary

VeriSign Acquires GeoTrust

On September 1, 2006, VeriSign acquired internet software and services company GeoTrust for 125M USD

Acquisition Highlights
  • This is VeriSign’s 9th transaction in the Internet Software and Services sector.
  • This is VeriSign’s 8th largest (disclosed) transaction.
  • This is VeriSign’s 12th transaction in the United States.
  • This is VeriSign’s 4th transaction in California.

M&A Deal Summary

Date 2006-09-01
Target GeoTrust
Sector Internet Software and Services
Buyer(s) VeriSign
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

GeoTrust

Mountain View, California, United States
GeoTrust, a certificate authority, provides retail and reseller services for SSL encryption, and website authentication, digital signatures, code signing, secure email, and enterprise SSL products.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

VeriSign

Reston, Virginia, United States

Category Company
Founded 1995
Sector Information Technology
Employees907
Revenue 1.6B USD (2024)
DESCRIPTION
Entrance to VerSign's corporate headquarters in Reston, Virginia.
Entrance to VerSign's corporate headquarters in Reston, Virginia.

VeriSign provides domain name registry services to power the navigation of the Internet by operating a global infrastructure for a portfolio of top-level domains that includes .com, .net, .tv, .edu, .gov, .jobs, .name and .cc as well as two of the world’s 13 Internet root servers. The company's product suite also includes Network Intelligence and Availability Services, consisting of Distributed Denial of Service Protection Services, Verisign iDefense Security Intelligence Services and Managed Domain Name System Services. VeriSign was formed in 1995 and is based in Reston, Virginia.


DEAL STATS #
Overall 15 of 17
Sector: Internet Software and Services M&A 9 of 10
Type: Add-on Acquisition M&A Deals 15 of 17
State: California M&A 4 of 5
Country: United States M&A 12 of 13
Year: 2006 M&A 3 of 4
Size (of disclosed) 8 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-13 3united Mobile Solutions AG

Vienna, Austria

3united Mobile Solutions AG (3united), a wireless applications service provider based in Vienna, Austria. 3united is a provider in premium SMS, m-commerce and mobile content solutions and serves as the international hub for all Central and Eastern Europe in the field of Premium SMS.

Buy $66M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-28 inCode

San Diego, California, United States

InCode Wireless a global wireless technology develops and implements high-impact strategies and solutions that increase the profitability and performance of wireless networks.

Buy $52M