Verizon Acquires Security Vendor Cybertrust
Deal will help Verizon Business deliver managed security services.
May 14, 2007
Verizon Business said today it is acquiring security services vendor Cybertrust to add to its capabilities in delivering managed security services.
Terms of the deal, expected to close in 60 to 90 days, were not disclosed.As a unit of Verizon Communications, Verizon Business is focused on delivering service-based security products, dubbed "cloud-to-core" to depict the company's focus on security from the network cloud into an enterprise's core network.
Cybertrust will add to those capabilities. The vendor, with 800 employees worldwide, focuses on identity management, managed security services, vulnerability/threat management, security certification programs and a range of professional services that include enterprisewide quantified risk analysis, individual application assessments and forensics and incident response services, Cybertrust said.
The two vendors emphasized the importance of Cybertrust's Identity Management suite, as well as its security operation centers in Europe, the Middle East, Africa and Asia-Pacific. Verizon Business also will acquire ICSA Labs, an independent security product certification division of Cybertrust.
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