Verizon to Acquire Cybertrust

May 14, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Managed hosting provider Verizon Business (verizonbusiness.com) announced on Monday it will acquire global information security services provider Cybertrust (cybertrust.com). The companies expect to close the transaction in 60 to 90 days.

The acquisition will bring together Cybertrust's global presence and customer base, focused security expertise and professional services with Verizon Business' security portfolio, global IP network and financial strength, says Verizon Business.

Cybertrust has 800 employees and operations in 30 locations across the Americas, Europe, the Middle East and the Asia-Pacific region. The company provides critical data security services including identity management, managed security services, vulnerability/threat management, security certification programs and a full range of professional services including enterprise-wide quantified risk analysis, individual application assessments, and forensics and incident response services.

"Security is a top concern for corporate CIOs worldwide, and this transaction demonstrates Verizon Business' focus on and commitment to providing world-class security solutions," says John Killian, president of Verizon Business. "As the world continues to move to IP, this combination creates an essential engine for protecting our customers' operations end-to-end.