February 13, 2006 5:55 PM PST

VeriSign buys 3united Mobile Solutions

Related Stories

VeriSign nears new Net phone deals

October 11, 2004
VeriSign announced a handful of moves on Monday, including the acquisition of a mobile application services company and the launch of a new identity protection program.

The company, whose services include securing data and voice networks, obtained 3united Mobile Solutions for about $65.5 million. Vienna, Austria-based 3united helps businesses take advantage of mobile technologies and wireless networks. The acquisition is intended to help expand VeriSign's communications offering in Europe.

Mountain View, Calif.-based VeriSign also introduced a new online identity protection program and announced that its first two customers were Yahoo and eBay.

The VeriSign Identity Protection (VIP) suite enables consumers to use a single security device to authenticate themselves across any VIP Web site, the company said in a statement. VIP is intended to make it cheaper and easier for financial services or e-commerce companies to strengthen authentication by sharing an infrastructure, VeriSign said in a statement.

VeriSign also launched its own Global System for Mobile Communication settlement and exchange service, designed to make it easier for cell-phone carriers to track and support noncustomer roamers and facilitate payment from roaming partners.

VeriSign shares rose 24 cents, or 1 percent, to close Monday on Nasdaq at $23.94.

See more CNET content tagged:
VeriSign Inc., acquisition, mobile application, Europe

2 comments

Join the conversation!
Add your comment
anti verisign
a "security company" but yet they own jamster, those annoying commericals on tv " txt 450679 to get the cool picture of a dragon or a rim for your cell phone" every 10 min on tv, i hate it, its garbage
Posted by digitallysick (103 comments )
Reply Link Flag
anti verisign
a "security company" but yet they own jamster, those annoying commericals on tv " txt 450679 to get the cool picture of a dragon or a rim for your cell phone" every 10 min on tv, i hate it, its garbage
Posted by digitallysick (103 comments )
Reply Link Flag
 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

What's Hot

Discussions

Shared

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.