VeriSign buys security researcher iDefense for $40 million

Looking to flesh out its line of managed security services products, VeriSign has snapped up network security researcher iDefense. The $40 million cash acquisition was completed Wednesday, according to VeriSign.

IDefense,in Reston, Va., provides early warning assessment of Internet security threats to a fairly select group of government and very large enterprise clients, said Chris Babel, vice president of Managed Security Services at VeriSign.

By acquiring the company, VeriSign hopes to be able to market the iDefense research products to a wider audience, while at the same time using data from VeriSign's security monitoring operations to bolster the iDefense research, he said.

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