like the man said, "We want to be in the ranks of Microsoft and Intel in 5-10 years."
The IBM prospect should serve notice that it would be a silly attempt to allocate money & resources to competing with VRSN in its space, especially when you can lock out your competitors with an exclusive agreement. An interest from IBM should also serve to illustrate the inevitable growth of Verisign's PKI & Payment Services.
infoworld.com
Phoenix Technologies and VeriSign Join Forces to Offer Next Generation Device Authority Services
Summary: SAN JOSE, Calif., January 17, 2002-- Phoenix Technologies Ltd. (Nasdaq: PTEC), a global leader in device-enabling and management software products for connected digital devices, today announced an agreement with VeriSign, Inc., the worldwide leader in digital trust services, to license and sell each other's security products. Under terms of the agreement, VeriSign becomes the Phoenix Regional Device Authority (RDA) for the United States, and will expand its managed public key infrastructure (PKI) services to provide next generation device authentication based on the Phoenix FirstAuthorityTM architecture. This service complements PKI and provides a new level of two-factor security and privacy for enterprises, service providers, government agencies, application providers, and end-users.
investor.phoenix.com |
