Security Managed Services
SHARE

VeriSign Sells Managed Services Unit to SecureWorks

The Associated Press is reporting that VeriSign has divested its managed security services division to SecureWorks for an undisclosed price. VeriSign’s new management has reportedly been looking to sell off some of its non-core assets to focus the business on domain registration and management services, and SSL certificate units. Managed security services was among those […]

Written By
thumbnail Lawrence Walsh
Lawrence Walsh
May 26, 2009
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

The Associated Press is reporting that VeriSign has divested its managed security services division to SecureWorks for an undisclosed price.

VeriSign’s new management has reportedly been looking to sell off some of its non-core assets to focus the business on domain registration and management services, and SSL certificate units. Managed security services was among those under consideration for divestiture. Earlier this month, VeriSign sold its communications services unit to TNS, for $226 million.

SecureWorks, based in Atlanta and founded in 1999, is an established player in the managed security services market, having survived the turbulent build-out of the last decade that saw may of its competitors fall by the wayside or get acquired by larger security and infrastructure companies.

The unit SecureWorks is buying from VeriSign is actually the product of one of those acquisitions. In 2004, VeriSign bought Massachusetts-based Guardent to augment its existing managed security services unit and compete against the likes of Symantec, which had bought RipTech a year earlier. Many of SecureWork’s contemporaries—NetSec, TruSecure, Counterpane and Ubizen, to name a few—have all been absorbed into larger companies.

For SecureWorks, the VeriSign managed services acquisition is the second major move it’s made toward growth. In 2006, the company bought LURHQ, a South Carolina-based provider of similar security services.

SecureWorks, which specializes in network monitoring and management for midsize and enterprise-class businesses, has deep connections in the credit union and financial services industries.

thumbnail Lawrence Walsh

Recommended for you...

thumbnail Push Security & GuidePoint Security Announce Partnership
Managed Services
Push Security & GuidePoint Security Announce Partnership
Jordan Smith
Oct 28, 2025
thumbnail How VARs Can Streamline IT Hardware Procurement for Clients
Managed Services
How VARs Can Streamline IT Hardware Procurement for Clients
Jordan Smith
Oct 28, 2025
thumbnail Zadara Partners With Micro Support Group on Multi-Tenant AI Clouds
Managed Services
Zadara Partners With Micro Support Group on Multi-Tenant AI Clouds
Jordan Smith
Oct 24, 2025
thumbnail Kaseya Highlights Innovations for Automation and Cyber Capabilities
Managed Services
Kaseya Highlights Innovations for Automation and Cyber Capabilities
Jordan Smith
Oct 24, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

facebook
linkedin
youtube
rss
spotify
x

Company

About us Contact us Advertise with us

Categories

Channel Business Security AI Infrastructure Lists & Awards Resources

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

Terms of Service Privacy Policy California - Do Not Sell My Information