The security heavyweight eyes VeriSign's SSL, PKI, and other authentication services in a deal valued at $1.28 billion.
Though not a standalone security widget, PKI can really improve security, protect data integrity, and bolster identity management.
CoreStreet President Phil Libin notes that while the public key infrastructure has been declared dead a number of times, it just refuses to die--like TCP/IP, it's grown.
IBM's teaming with VeriSign to promote VeriSign's Internet security solutions and services may create tremors in the growing market for authentication services.
John Ryan departs as the security company looks to extend beyond PKI software, which is used to authenticate users for private transactions.
Security software maker Baltimore Technologies said Commerce One will integrate Baltimore Technologies' core security products into its MarketSite portal software. Baltimore Technologies' UniCert certificate management system issues software to secure online transactions using Public Key Infrastructure (PKI) technology. PKI systems issue and manage digital certificates, which serve as identification online. With the integration, Commerce One customers will be able to conduct secure transactions between participants of Commerce One's community of industry marketplaces.
Makers of public key infrastructure, or PKI systems, develop software that works with two or more standards.
Certificate authority VeriSign said it will adapt its public key infrastructure (PKI) service so that it can be used in a worldwide initiative announced recently by eight major banks. Working with CertCo, the banks said they will issue digital certificates worldwide that vouch for the identity of companies or individuals involved in business-to-business Net commerce.