Wednesday, December 17, 2003

Verisign Acquires Guardent for $140 Million

Big news from the managed security services space. Consolidation continues, as big companies looking for growth opportunities acquire the small fries. Today Verisign announced it bought Guardent (yes, the Guardent URL spells the company's name incorrectly) for $140 million in stock and cash. Guardent currently employees about 150 people.

Update: Here's eWeek's analysis.

No comments: