Symantec has completed its $1.28 billion purchase of the Web-authentification business of VeriSign, The Silicon Valley Mercury News reported.
Symantec, which makes security and data-storage software, will acquire VeriSign’s Secure Sockets Layer technology, which is used by businesses likebanks and retailers to ensure that their Web sites are safe for consumers to use.
The VeriSign unit will become part of Symantec’s enterprise security group, said the report.
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