MOUNTAIN VIEW, Calif. – Semantic Corp. has agreed to acquire VeriSign's identity and authentication business for $1.28 billion.
The VeriSign unit includes the Secure Sockets Layer, Certificate Services, the Public Key Infrastructure services, and VeriSign Trust Services and the VeriSign Identity Protection Authentication Service.
The agreement is subject to customary closing conditions, including regulatory approvals, and is expected to close in the September quarter.
As summer comes to an end, there are a surprising number of things to keep an eye on. Here is American Banker's handy cheat sheet for the rest of the year.
Data suggests that bank-focused shareholder activism in 2026 could exceed last year's activity, as investors continue to seek managerial and operational changes.
As prospects for the CLARITY Act dim, some agencies are moving to develop their own crypto-related frameworks, but questions remain about how those rules will affect the banking sector and how durable they will be.
