Symantec mulls potential $1B sale of website certification unit
July 13, 2017
Systems & Information Management | Mountain View, CA
Symantec has engaged a small group of companies and PE firms in discussions about selling its website certification business for $1 billion, per Reuters. The deal would reportedly bring an end to the cybersecurity giant's fight with Google over a series of alleged failures regarding the validation of certificates that signify the safety of particular websites. Symantec acquired most of its web certification business with the 2010 purchase of Verisign's security business for $1.28 billion.