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Verisign history
Verisign company history timeline
Verisign was founded in 1995 as a spin-off of the RSA Security certification services business.
By January 1996, VeriSign had signed up a dozen hardware makers, including Netscape Communications, IBM, Cybercash Inc., CompuServe Inc., and OpenMarket Inc.
At the beginning of 1997, VeriSign was the dominant certificate authority and was hoping to make its authentication technology the industry standard.
Network Solutions had a successful IPO in 1997.
In October, the company released version 4.0 of OnSite, its suite of software and services for corporations that was first introduced in January 1998.
Network Solutions had a monopoly on domain name registration until 1999, when it was placed under the oversight of the semi-public Internet Corporation for Assigned Names and Numbers (ICANN) and opened up to competition.
The new company received licenses to key cryptographic patents held by RSA (set to expire in 2000) and a time-limited non-compete agreement.
In 2000, Verisign acquired Network Solutions, which operated the .com, .net and .org TLDs under agreements with the Internet Corporation for Assigned Names and Numbers (ICANN) and the United States Department of Commerce.
In 2001, that figure rose to $6 billion worth of e-commerce transactions.
Its right to operate the .net registry would expire at the end of June 2005, when registration of .net domains would be opened to competitive bidding.
Under the agreement VeriSign retained control of the .com registry until November 2007, with the option to renew for an additional four years.
Following ongoing controversies regarding Symantec's handling of certificate validation, which culminated in Google untrusting Symantec-issued certificates in its Chrome web browser, Symantec sold this unit to DigiCert in 2017 for $950 Million.
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Verisign competitors
| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| 1998 | $282.8B | 139,995 | 4,252 | |
| VMware | 1998 | $13.4B | 31,000 | 4 |
| Juniper Networks | 1996 | $5.3B | 9,400 | 65 |
| Fortinet | 2000 | $4.4B | 9,700 | 518 |
| Citrix | 1989 | $3.2B | 9,000 | 5 |
| Yammer | 2008 | $50.0M | 85 | - |
| Neustar | 1996 | $1.2B | 1,800 | - |
| Palo Alto Networks | 2005 | $6.9B | 11,098 | 883 |
| Splunk | 2004 | $3.7B | 7,000 | 6 |
| Intuit | 1983 | $9.6B | 10,600 | 421 |
Verisign history FAQs
Zippia gives an in-depth look into the details of Verisign, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Verisign. The employee data is based on information from people who have self-reported their past or current employments at Verisign. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Verisign. The data presented on this page does not represent the view of Verisign and its employees or that of Zippia.
Verisign may also be known as or be related to VERISIGN INC CA, VeriSign Authentication Services, VeriSign Inc, VeriSign Naming and Directory Services, VeriSign, Inc., Verisign, Verisign Inc and Verisign, Inc.