Changes

* 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>

==Products and Services==

== Products and Services ==

Versign Provides its services through two division, Internet Services division and Security Service Division.

Versign Provides its services through two divisions, Internet Services division and Security Service Division.  Internet Services division includes Naming & Directory Services such as domain name registration for .com and .net and DNS-related and [[RFID]] services.

Internet Services division includes Naming & Directory Services such as domain name registration for .com and .net and DNS-related and RFID services.

Versign sold its Security Services to [[Symantec]] in May 2010. VeriSign's security services included managing security services such firewalls, intrusion detection and prevention, vulnerability protection, etc. It also provided global security consulting, email security, authentication and digital certificate/SSL validation business such as Extended Validation (High Assurance) [[SSL]] Certificates.

== Selling Authentication Services Business to Symantec ==

 

==Selling Authentication Services Business to Symantec==

VeriSign's logo, a check mark and the tag "VeriSign Secured" is one of the most trusted trademark of secured website. Even though providing internet security was the primary objective of the company, over time VeriSign shifted its priority to website management and domain registration business.  

VeriSign's logo, a check mark and the tag "VeriSign Secured" is one of the most trusted trademark of secured website. Even though providing internet security was the primary objective of the company, over time VeriSign shifted its priority to website management and domain registration business.  

VeriSign sold a number of its security businesses in last couple of years. Finally in May 2010, Versign sold its entire division sells security technology to websites to Symantec for 1.28 million. <ref>[http://www.reuters.com/article/idUSN1816653320100518 Reuters]</ref>

VeriSign sold a number of its security businesses in last couple of years. Finally in May 2010, Versign sold its entire division sells security technology to websites 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 logo and "VeriSign Secured" tag for SSL certification.

 

Because of this deal, Symantec now has the right to VeriSign's logo and "VeriSign Secured" tag for SSL certification.

==Domain Slamming==

== Domain Slamming ==

in May 2002, BulkRegister sued VeriSign for domain slamming. <ref>[http://www.internetnews.com/xSP/article.php/1121321/BulkRegister-Sues-VeriSign-for-Slamming.htm Internet News]</ref> BulkRegister claimed VeriSign "engaged in unfair practices" with a recent marketing campaign that attempted to get domain owners to use VeriSign to renew their existing policy. In 2003, VeriSign was found not to have broken the law and as a result did not need to pay any fine. However, VeriSign have been barred from suggesting domain renewal or expiration prospects.<ref>[http://www.theregister.co.uk/2003/09/25/verisign_slammed_for_domain_renewal/ The Register.co.uk]</ref>  

In May 2002, BulkRegister sued VeriSign for domain slamming. <ref>[http://www.internetnews.com/xSP/article.php/1121321/BulkRegister-Sues-VeriSign-for-Slamming.htm Internet News]</ref> BulkRegister claimed VeriSign "engaged in unfair practices" with a recent marketing campaign that attempted to get domain owners to use VeriSign to renew their existing policy. In 2003, VeriSign was found not to have broken the law and as a result did not need to pay any fine. However, VeriSign was barred from suggesting domain renewal or expiration prospects.<ref>[http://www.theregister.co.uk/2003/09/25/verisign_slammed_for_domain_renewal/ The Register.co.uk]</ref>  

==Site Finder Service and issues with ICANN==

== Site Finder Service and issues with ICANN ==

VeriSign launched Site Finder September, 2007, where when an user would type an unregistered address it would be redirecting the surfer to its Site Finder search engine. [[ICANN]] published a report against this policy stating "VeriSign violated architectural principles, codes of conduct and good practice." ICANN had declared Site Finder in violation of VeriSign's contracts for running the master address lists for ".com" and "[http://www.out-law.com/page-4716 Out-law.com]</ref>

VeriSign launched Site Finder September, 2007, where when an user would type an unregistered address it would be redirecting the surfer to its Site Finder search engine. [[ICANN]] published a report against this policy stating "VeriSign violated architectural principles, codes of conduct and good practice." ICANN had declared Site Finder in violation of VeriSign's contracts for running the master address lists for ".com" and "[http://www.out-law.com/page-4716 Out-law.com]</ref>

Later [[ICANN]] asked VeriSin to suspend Site Finder service. <ref>[http://www.out-law.com/page-3921 Out-law.com]</ref>

Later [[ICANN]] asked VeriSign to suspend Site Finder service. <ref>[http://www.out-law.com/page-3921 Out-law.com]</ref>

In October,a hearing took place place in Washington, D.C. to review technical issues where U.S. Department of Commerce gives permission to VeriSign to operate the DNS for .com and .net and VeriSign shuts down the service.

In October,a hearing took place place in Washington, D.C. to review technical issues where U.S. Department of Commerce gives permission to VeriSign to operate the DNS for .com and .net and VeriSign shuts down the service.

Later in February 2004, VeriSign sued [[ICANN]] claiming it had unlawfully been prevented from adding new features to .com and .net. <ref>[http://news.cnet.com/2100-1038-5165982.html CNet News]</ref>. In August 2004, The claim was moved from federal to California state court.  

Later in February 2004, VeriSign sued [[ICANN]] claiming it had unlawfully been prevented from adding new features to .com and .net. <ref>[http://news.cnet.com/2100-1038-5165982.html CNet News]</ref>. In August 2004, The claim was moved from federal to California state court. <ref>[http://www.icann.org/en/general/litigation-verisign.htm ICANN.org]</ref> Eventually in In late 2005 VeriSign and ICANN announced a proposed settlement introducing terms for a new registry services in the .com registry.  

<ref>[http://www.icann.org/en/general/litigation-verisign.htm ICANN.org]</ref>Eventually in In late 2005 VeriSign and ICANN announced a proposed settlement introduces terms for a new registry services in the .com registry.  

   

   

The document of these agreements are publicly avilable in [[ICANN]]'s official website and can be viewed from [http://www.icann.org/tlds/agreements/verisign/settlement-agreements.htm here].It should be mentioned that the terms of these agreement were subject to a lot of public criticism.  

The documents of these agreements are publicly available in [[ICANN]]'s official website and can be viewed from [http://www.icann.org/tlds/agreements/verisign/settlement-agreements.htm here]. It should be mentioned that the terms of these agreement were subject to public criticism.  

Also in other domain name negiotiations with [[ICANN]] VeriSign traded .org top-level domain in return for continued rights over .com. In mid 2005, when VeriSign's contract for operation in .net expired, VeriSign and 5 other company bid for it. VeriSign was supported by renowned IT companies like Microsoft, [[IBM]], [[Sun Microsystems]], [[MCI]]. Finally on June 8, 2005 ICANN announced that VeriSign had been approved to operate .net until 2011. <ref>[http://www.icann.org/en/tlds/dotnet-reassignment/dotnet-general.htm]</ref>

Also in other domain name negotiations with [[ICANN]] VeriSign traded the .org [[TLD]] in return for continued rights over .com. In mid 2005, when VeriSign's contract for operation in .net expired, VeriSign and 5 other company bid for it. VeriSign was supported by renowned IT companies like Microsoft, [[IBM]], [[Sun Microsystems]], [[MCI]]. Finally on June 8, 2005 ICANN announced that VeriSign had been approved to operate .net until 2011. <ref>[http://www.icann.org/en/tlds/dotnet-reassignment/dotnet-general.htm]</ref>

==References==

==References==