Verizon acquires Cybertrust
ICSA Labs parent company subsumed.
Verizon Business, a division of Verizon Communications has announced that it is set to
acquire managed security services supplier Cybertrust.
The privately held Cybertrust provides identity management, vulnerability and threat management services; and
professional services, including forensics and risk analysis. Verizon plans to use the acquisition to
extend its own security portfolio and expand its reach globally.
ICSA Labs, one of the industry's better known product
certification and testing centres, is currently an independent division of Cybertrust and once the acquisition has completed
will also fall under the Verizon umbrella.
The purchase - for which financial details were not disclosed - is expected to complete in the next two to three
months.
16 May 2007
Tags:
acquisition, corporate, cybertrust, icsa labs, verizon.
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