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VRSN > SEC Filings for VRSN > Form 8-K on 26-May-2009All Recent SEC Filings

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Form 8-K for VERISIGN INC/CA


26-May-2009

Other Events


Item 8.01. Other Events.

On May 26, 2009, VeriSign, Inc. (the "Company"), certain of the Company's subsidiaries and SecureWorks, Inc. (the "Buyer"), a Georgia corporation, entered into an asset purchase agreement whereby the Buyer has agreed to acquire substantially all of the assets of the Managed Security Services ("MSS") business from the Company. The MSS business enables enterprises to effectively monitor and manage their network security infrastructure, and was previously part of the Company's Enterprise and Security Services disposal group.

The transaction is expected to close on June 30, 2009, subject to the satisfaction of certain closing conditions.


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