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Verizon Acquires Security Vendor Cybertrust

Cybertrust brings a range of services that can augment Verizon Business' existing managed security portfolio, which was focused on device-oriented management. Cybertrust brings a global security service that matches its global managed network and telecom services. Most importantly, Cybertrust's Identity Management solution, including a Public root CA, managed PKI services, Identrus membership and other access-management products and services, fast-tracks Verizon into government and financial sectors. None of the Tier 1 telecom companies currently have a security portfolio to match the Verizon acquisition of Cybertrust in the United States and positions Verizon Business against BT in Europe. BT acquired Counterpane in October 2006.
Mike Fratto
NWC Senior Technology Editor

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.

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