Verisign: Difference between revisions
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* August, 1995, Verisign appointed [[Stratton Sclavos]] President and CEO.<ref>[http://www.allbusiness.com/technology/software-services-applications/7143286-1.html AllBusiness.com]</ref> | * August, 1995, Verisign appointed [[Stratton Sclavos]] President and CEO.<ref>[http://www.allbusiness.com/technology/software-services-applications/7143286-1.html AllBusiness.com]</ref> | ||
* January, 1996, Verisign introduced the first online digital certificate issue system at the [[RSA]] Data Security Conference in San Francisco.<ref>[http://www.referenceforbusiness.com/history2/29/VeriSign-Inc.html Reference for Business]</ref> Verisign also announced an agreement with [[Terisa Systems]] to develop a new and complete | * January, 1996, Verisign introduced the first online digital certificate issue system at the [[RSA]] Data Security Conference in San Francisco.<ref>[http://www.referenceforbusiness.com/history2/29/VeriSign-Inc.html Reference for Business]</ref> Verisign also announced an agreement with [[Terisa Systems]] to develop a new and complete Internet security solutions.<ref> [http://www.allbusiness.com/technology/software-services-applications/7143286-1.html High Beam]</ref> | ||
* January, 1996, Secure Email was launched. Verisign lunched Code Signing with [[Microsoft]] in March 1996. In August, 1996, [[Microsoft]] and Verisign announced the availability of client authentication technology for [[Microsoft]] IE users by using Verisign Digital IDs. <ref> [http://www.microsoft.com/presspass/press/1996/aug96/clientpr.mspx Microsft.com]</ref> | * January, 1996, Secure Email was launched. Verisign lunched Code Signing with [[Microsoft]] in March, 1996. In August, 1996, [[Microsoft]] and Verisign announced the availability of client authentication technology for [[Microsoft]] IE users by using Verisign Digital IDs. <ref> [http://www.microsoft.com/presspass/press/1996/aug96/clientpr.mspx Microsft.com]</ref> | ||
* 1997, the First Internet Commerce Transactions Linking Europe, Asia, and the United States was conducted by [[Verifone]] and Verisign.<ref> [http://www.highbeam.com/doc/1G1-19591264.html Highbeam.com]</ref> The United States Department of Commerce approved VeriSign's plans to issue new Verisign Global Server IDs in June 1997 | * 1997, the First Internet Commerce Transactions Linking Europe, Asia, and the United States was conducted by [[Verifone]] and Verisign.<ref> [http://www.highbeam.com/doc/1G1-19591264.html Highbeam.com]</ref> The United States [[DOC|Department of Commerce]] approved VeriSign's plans to issue new Verisign Global Server IDs in June, 1997, which allowed 128-bit encryption.<ref> [http://www.columbia.edu/~ariel/news/pr_global.html University of Columbia]</ref> | ||
* 1997, VeriSign filed to raise $40 million for its public stock.<ref>[http://news.cnet.com/VeriSign-files-to-launch-IPO/2100-1001_3-205752.html Cnet.com ]</ref> On January 10, 1998, VeriSign went public.<ref>[http://www.fundinguniverse.com/company-histories/VeriSign-Inc-Company-History.html Finding Universe ]</ref> | * 1997, VeriSign filed to raise $40 million for its public stock.<ref>[http://news.cnet.com/VeriSign-files-to-launch-IPO/2100-1001_3-205752.html Cnet.com ]</ref> On January 10, 1998, VeriSign went public.<ref>[http://www.fundinguniverse.com/company-histories/VeriSign-Inc-Company-History.html Finding Universe ]</ref> | ||
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* December, 1998, Verisign introduced digital certificate service for Wireless Application Protocol (WAP) servers and gateways.<ref>[http://www.wapforum.org/new/122199_verisign.htm Wap Forum.org ]</ref> | * December, 1998, Verisign introduced digital certificate service for Wireless Application Protocol (WAP) servers and gateways.<ref>[http://www.wapforum.org/new/122199_verisign.htm Wap Forum.org ]</ref> | ||
* | * March, 2000, Verisign acquired [[Network Solutions]] for $21 billion USD, which was the largest Internet purchase to date.<ref>[http://about-networksolutions.com/corporate-history.php Corporate History, NetworkSolutions.com]</ref><ref>[http://money.cnn.com/2000/03/07/deals/verisign/ Verisign Deals, Money.CNN]</ref> | ||
* November, 2003, Verisign sold [[Network Solutions]] to Pivotal Private Equity for about $100 million.<ref>[http://www.infoworld.com/t/networking/verisign-sells-network-solutions-282 Info World ]</ref> | * November, 2003, Verisign sold [[Network Solutions]] to Pivotal Private Equity for about $100 million.<ref>[http://www.infoworld.com/t/networking/verisign-sells-network-solutions-282 Info World ]</ref> | ||
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* November, 2005, Verisign's payment gateway business, [[Paypal]], was sold to [[eBay]] for approximately $370 million.<ref>[https://www.paypal-media.com/releasedetail.cfm?ReleaseID=180329 Paypal-Media.com ]</ref>. | * November, 2005, Verisign's payment gateway business, [[Paypal]], was sold to [[eBay]] for approximately $370 million.<ref>[https://www.paypal-media.com/releasedetail.cfm?ReleaseID=180329 Paypal-Media.com ]</ref>. | ||
* December, 2006, Verisign | * December, 2006, Verisign introduced Extended Validation [[SSL]] Certificates, standard practices for certificate validation and display approved by a group of leading [[SSL Certificate Authorities]] and browser vendors.<ref>[http://www.verisign.com/ssl/ssl-information-center/extended-validation-ssl-certificates/ VeriSign.com]</ref> | ||
* November, 2007, Verisign announced plans to divest in its slower growing units and invest more in website naming and | * November, 2007, Verisign announced plans to divest in its slower growing units and invest more in website naming and Internet security services.<ref>[http://www.reuters.com/article/idUSN1416428420071114 reuters ] </ref> Report shown these steps had cuthalf of its employeers. | ||
* 2008, Verisign sold its global Digital Brand Management Services business for US$50 million to [[MelbourneIT]].<ref>[http://www.thewhir.com/web-hosting-news/050108_Melbourne_IT_Buys_VeriSign_Assets The Web Host Industry Review]</ref> | * 2008, Verisign sold its global Digital Brand Management Services business for US$50 million to [[MelbourneIT]].<ref>[http://www.thewhir.com/web-hosting-news/050108_Melbourne_IT_Buys_VeriSign_Assets The Web Host Industry Review]</ref> | ||
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* May, 2009, [[Stratton Sclavos]] stepped down from his positions as CEO of Verisign and [[William Roper Jr.]] was named to that position.<ref>[http://blog.domaintools.com/2007/05/stratton-sclavos-ceo-of-verisign-steps-down/ Domain Tools.blog]</ref>. Later, [[Jim Bidzos]], the founder of Verisign was appointed as the CEO and President.<ref>[http://itknowledgeexchange.techtarget.com/security-bytes/jim-bidzos-back-as-chairman-of-verisign/ IT Knowledge Exchange]</ref> | * May, 2009, [[Stratton Sclavos]] stepped down from his positions as CEO of Verisign and [[William Roper Jr.]] was named to that position.<ref>[http://blog.domaintools.com/2007/05/stratton-sclavos-ceo-of-verisign-steps-down/ Domain Tools.blog]</ref>. Later, [[Jim Bidzos]], the founder of Verisign was appointed as the CEO and President.<ref>[http://itknowledgeexchange.techtarget.com/security-bytes/jim-bidzos-back-as-chairman-of-verisign/ IT Knowledge Exchange]</ref> | ||
* In May 2010, Verisign sold the entire Authentication Services division to Symantec for 1.28 million.<ref>[http://www.reuters.com/article/idUSN1816653320100518 Reuters]</ref> Because of this deal, Symantec now has the right to Verisign's old logo and the " | * In May 2010, Verisign sold the entire Authentication Services division to Symantec for 1.28 million.<ref>[http://www.reuters.com/article/idUSN1816653320100518 Reuters]</ref> Because of this deal, Symantec now has the right to Verisign's old logo and the "VeriSign Secured" tag for SSL certification. | ||
* In July, 2011, [[Mark McLaughlin]] resigned from his position as CEO. He worked with Verisign since 2000, and had been CEO since 2009. Following Mr. McLaughlin's departure, Founder, Chairman, and former CEO [[Jim Bidzos]] resumed his duties as CEO.<ref>[http://www.thewhir.com/web-hosting-news/072911_VeriSign_CEO_Resigns_Founder_and_Chairman_Resumes_CEO_Duties Verisign CEO resigns, The WHIR]</ref> Another prominent executive, CFO Brian Robins, resigned in September, 2011. This happened as Verisign's stocks suffered and rumors of a buyout started circulating.<ref>[http://domainincite.com/verisign-cfo-quits-after-buyout-rumors/ VeriSign CFO quits, DomainIncite.com]</ref> | * In July, 2011, [[Mark McLaughlin]] resigned from his position as CEO. He worked with Verisign since 2000, and had been CEO since 2009. Following Mr. McLaughlin's departure, Founder, Chairman, and former CEO [[Jim Bidzos]] resumed his duties as CEO.<ref>[http://www.thewhir.com/web-hosting-news/072911_VeriSign_CEO_Resigns_Founder_and_Chairman_Resumes_CEO_Duties Verisign CEO resigns, The WHIR]</ref> Another prominent executive, CFO Brian Robins, resigned in September, 2011. This happened as Verisign's stocks suffered and rumors of a buyout started circulating.<ref>[http://domainincite.com/verisign-cfo-quits-after-buyout-rumors/ VeriSign CFO quits, DomainIncite.com]</ref> | ||
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* In October, 2011, Verisign submitted its plan for a new Verisign Anti-Abuse Domain Use Policy for approval by ICANN. The policy would allow Verisign to scan domains in the .com, .net, and .name namespaces for malware, as well as to create a suspension system for sites knowingly hosting malware. These scans would be conducted quarterly, and a registrar would be able to opt out.<ref>[http://domainnamewire.com/2011/10/11/verisign-proposes-takedown-procedures-and-malware-scanning-for-com/ Domain Name Wire: VeriSign Proposes Takedown Procedures and Malware Scanning for .Com]</ref> The policy would also allow Verisign to shut down websites at the request of law enforcement officials, and possibly for trademark interests.<ref>[http://www.circleid.com/posts/20111014_verisign_proposal_sudden_withdrawal_of_domain_anti_abuse_policy/ CircleID: Of Canaries and Coal Mines: Verisign's Proposal and Sudden Withdrawal of Domain Anti-Abuse Policy]</ref> The policy was deemed controversial, with concern about government involvement in the Internet, as well as concern from domain registrars regarding the blurring of lines between registries and registrars.<ref>[http://domainincite.com/registrars-not-happy-with-verisign-abuse-plans/ Domain Incite: Registrars not happy with VeriSign abuse plans]</ref> Two days after releasing the proposal, Verisign withdrew the request.<ref>[http://domainnamewire.com/2011/10/13/breaking-verisign-withdraws-request-for-domain-takedown/ Domain Name Wire: VeriSign Withdraws Request for Domain Takedown]</ref> | * In October, 2011, Verisign submitted its plan for a new Verisign Anti-Abuse Domain Use Policy for approval by ICANN. The policy would allow Verisign to scan domains in the .com, .net, and .name namespaces for malware, as well as to create a suspension system for sites knowingly hosting malware. These scans would be conducted quarterly, and a registrar would be able to opt out.<ref>[http://domainnamewire.com/2011/10/11/verisign-proposes-takedown-procedures-and-malware-scanning-for-com/ Domain Name Wire: VeriSign Proposes Takedown Procedures and Malware Scanning for .Com]</ref> The policy would also allow Verisign to shut down websites at the request of law enforcement officials, and possibly for trademark interests.<ref>[http://www.circleid.com/posts/20111014_verisign_proposal_sudden_withdrawal_of_domain_anti_abuse_policy/ CircleID: Of Canaries and Coal Mines: Verisign's Proposal and Sudden Withdrawal of Domain Anti-Abuse Policy]</ref> The policy was deemed controversial, with concern about government involvement in the Internet, as well as concern from domain registrars regarding the blurring of lines between registries and registrars.<ref>[http://domainincite.com/registrars-not-happy-with-verisign-abuse-plans/ Domain Incite: Registrars not happy with VeriSign abuse plans]</ref> Two days after releasing the proposal, Verisign withdrew the request.<ref>[http://domainnamewire.com/2011/10/13/breaking-verisign-withdraws-request-for-domain-takedown/ Domain Name Wire: VeriSign Withdraws Request for Domain Takedown]</ref> | ||
* It was announced after the 2011 [[ICANN]] | * It was announced after the 2011 [[ICANN Board]] approval of a [[New gTLD Program|new gTLD program]] that Verisign would pursue new [[IDN]] translations of it popular [[.com]] namespace.<ref>[http://domainincite.com/afilias-to-apply-for-chinese-info/ Afilias to Apply for Chinese .info, DomainIncite.com]</ref> | ||
* October, 2011, Verisign's registry management for [[.com]] domains passed the 100 million mark.<ref>[http://domainincite.com/com-passed-100-million-mark-in-october/ Com Passed 100 million mark in October]</ref> | * October, 2011, Verisign's registry management for [[.com]] domains passed the 100 million mark.<ref>[http://domainincite.com/com-passed-100-million-mark-in-october/ Com Passed 100 million mark in October]</ref> | ||