VeriSign Announces Sale of Network Solutions and Possible Re-Launch of Site Finder

by Sabrina I. Pacifici on October 16, 2003

From VeriSign’s press release: “VeriSign, Inc, the leading provider of critical infrastructure services for the Internet and telecommunications networks, today announced it has signed a definitive agreement to sell the Network Solutions business unit to Pivotal Private Equity. Under the terms of the agreement, VeriSign will receive approximately $100 million…” The company will retain its VeriSign Naming and Directory Services, which “is the backbone of a global .com and .net domain name infrastructure that handles over 10 billion interactions per day.” [Link]

  • There is also news that VeriSign plans to relaunch their controversial web-typo service, Site Finder. See also ICANN grills VeriSign over Site Finder service.
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