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SecureWorks Closes Acquisition of VeriSign's Managed Security Services Business
Date:7/7/2009

ATLANTA and MOUNTAIN VIEW, Calif., July 7 /PRNewswire/ -- SecureWorks, Inc.(R), a market leading provider of security services, has closed its acquisition of the Managed Security Services (MSS) business from VeriSign,Inc. (Nasdaq: VRSN). VeriSign is the trusted provider of Internet infrastructure services for the networked world. With this acquisition, SecureWorks strengthens its leadership position as a global, pure-play security services provider that delivers powerful and effective security services to organizations of all sizes.

Post-closing, SecureWorks has approximately 2,600 clients including four of the Fortune 10. The company has also expanded its presence outside of North America with clients, channel partners or operations in more than 50 countries, including the U.K., Saudi Arabia, Taiwan, Finland, Spain, Brazil and Mexico.

Both organizations are recognized as leading security services providers by analyst firms Gartner and Forrester, Inc. According to Irida Xheneti, Security Services Research Analyst at IDC, "This is a great opportunity for both organizations to leverage synergies from this acquisition and address customer needs in several market segments. By focusing purely on security services and continuing high customer touch, this acquisition positions SecureWorks for further growth."

SecureWorks and VeriSign have an agreement to share data and intelligence between the VeriSign iDefense business and the SecureWorks Security Services business to help facilitate a seamless transition for clients.

"First and foremost, I believe this acquisition benefits clients of both businesses because it expands the depth and breadth of our security services, giving us even better tools and security intelligence with which to protect our clients," said Mike Cote, chairman and
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SOURCE SecureWorks, Inc.
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