Symantec to acquire VeriSign unit at $1.28 billion
Symantec Corp. said late Wednesday that it will buy VeriSign’s identity and authentication business for about $1.28 billion in cash. The deal includes a majority stake in VeriSign Japan. Symantec expects the deal to dilute its 2011 adjusted earnings by 9 cents a share but add to earnings for the September 2011 quarter. In [...]