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Symantec Selling Website Security Solutions To DigiCert

Cal Biesecker By
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Symantec Selling Website Security Solutions To DigiCert
Symantec CEO Greg Clark. Photo: Symantec

Symantec [SYMC] and DigiCert Inc. on Wednesday said they have agreed to DigiCert acquiring Symantec’s website security and PKI solutions for $950 million in cash and a 30 percent stake in DigiCert, a deal that expands its talent and capabilities in website security.Utah-based DigiCert said the acquisition will allow it to take advantage of growth opportunities in the Internet of Things bring new approaches to the secure socket layer market.For Symantec, the divestiture will help it focus on its cloud…

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