VeriSign Sells Managed Services Unit to SecureWorks
VeriSign sheds its managed security services arm to Atlanta-based SecureWorks for an undisclosed amount. The sale is just the latest in a series made or planned by VeriSign to shrink the company and focus on core products.
The Associated Press is reporting that VeriSign has divested its managed security services division to SecureWorks for an undisclosed price.
VeriSign's new management has reportedly been looking to sell off some of its non-core assets to focus the business on domain registration and management services, and SSL certificate units. Managed security services was among those under consideration for divestiture. Earlier this month, VeriSign sold its communications services unit to TNS, for $226 million.