Verisign
 | |
| Type: | Public |
| Industry: | Internet, Communications |
| Founded: | USA (1995) |
| Founder(s): | Jim Bidzos |
| Headquarters: | 487 East Middlefield Road, USA Mountain View, CA 94043, USA |
| Employees: | 2,225 |
| Revenue: | $1.5 billion USD (2007) |
| Website: | http://www.verisign.com/ |
| Key People | |
| Mark McLaughlin, CEO D. James Bidzos, Chairman | |
VeriSign is an Internet infrastructure service providing company. It is s based in Mountain View, CA and was founded in 1995. Verisign provides naming services and authentication services. The naming services include the provision of authoritative directory of various .com, .net, .cc, .tv, .name, .jobs, and .edu domain names.The authentication services includes business authentication services such as implementing and operating secure networks, utilizing Secure Socket Layer protocol, encrypting transactions and communications and User authentication such identity protection , fraud detection, and public key infra structure etc.[1]
History
In 1995, RSA pioneered two-factor authentication and encryption and VerSign was founded as a 'spin-off' of the RSA security technology to act as an certificate authority (CA). [2]
In May 2005 VeriSign introduced a new 2048 bit VeriSign Class 3 Secure Server CA which was used to sign Secure Site Certificates obtained from thier website for IIS web servers.[3]
In June 1995 VeriSign announced partnerships with Apple Computer Inc. and Netscape Communications Corp to implement VeriSign's Digital IDs in thier software product. [4]
VeriSign appointed Stratton D. Sclavos as the president and CEO in August 1995.[5]
Verisgn introduced the first online digital certificate issue system in Janurary 1996, at the at the RSA Data Security Conference in San Francisco.[6]. VerSign also announced an agreement with Terisa Systems to develop a new and complete internet security solution about that time. High Beam</ref>
Secure Email was launched January 1996. VeriSign lunched Code Signing with Microsoft in March 1996. In August, 2996, Microsoft and VeriSign announced the availability of client authentication technology for Microsoft IE users by using VeriSign Digital IDs. [7]
In 1997, the First Internet Commerce Transactions Linking Europe, Asia and the United States was conducted by Verifone and VeriSign.[8]
United States Department of Commerce approved VeriSign's plans to issue new VeriSign Global Server IDs in June 1997 allowing 128-bit encryption.[9]
In July, 1997, Versign acquired by SecureIT, a Network Security Service providing company. [10]
In 1997, VesiSign filed to raise $40 million for its public stock.[11]. On January 10, 1998, Versign went public.[12]
References