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Home Page Stories Tuesday, September 25, 2001

A look at pending deal

Based on VeriSign's closing stock price of $38.30 per share Sept. 21, the value of the transaction is about $1.2 billion.

About VeriSign

Mission: Leader in providing digital trust services such as Web identity, authentication and payments

Headquarters: Based in Mountain View, Calif., with some operations in Northern Virginia

Employees: About 2,300

Revenue: $815 million for past four fiscal quarters.

Key fact: Exclusive .com, .net, .org infrastructure that handles 5.4 billion Domain Name System look-ups a day.

It has 3,330 enterprise customers, 6.5 million domain name customers, 102,000 Web site certificate customers, and more than 50,000 merchants.

Web site: www.verisign.com

About Illuminet

Leading provider of SS7 network connectivity and intelligent network services to telecommunications carriers.

Headquarters: 4501 Intelco Loop S.E., Lacey, with offices in Overland Park, Kan.

Employees: About 500.

Revenue: $174 million for past four quarters

Key facts: 32 million customer names in database; 24 million calling name records; 22 percent of U.S. local number portability service; handles 4 billion resolutions per week

Web site: www.illuminet.com

Combined services of the two companies

Expands VeriSign's digital trust services portfolio to include telephony services:

- Web identity services

- Authentication services

- Payment services

Accelerates the introduction of new services for carriers such as:

- Local number portability

- Voice Over IP bridging

- Secure short messaging

Enables VeriSign to deliver data-voice offerings such as:

- WebNum, a navigation service that enables wireless phones to link specific numbers directly to Internet domain names

- Services using ENUM, which combines phone numbers and domain names to create one contact point for businesses and individuals.

- Global Voice Registry Service, which enable callers to reach a business simply by speaking the company's name.

The Olympian Copyright 2001

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