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Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.
VeriSign, founded in 1995, is known for its high profit margin and ranks fifth in the S&P 500. ... Altogether, Berkshire Hathaway owns 13.2 million shares of the company, worth about $2.7 billion. ...
In 1995, Mr. Bidzos established Verisign. He was the first president, CEO, and chairman of the board, serving in this capacity until 2001, after which he became vice-chairman until 2007. In 2008, the board of directors appointed him as interim CEO and chairman after the resignation of William Roper. [7]
Warren Buffett's conglomerate owns a $2.7 billion stake in VeriSign and is the company's largest shareholder, owning nearly 14% of the company. ... VeriSign had a tough year, with the stock up ...
The company has made five acquisitions with a value greater than $1 billion: LifeLock was acquired on Feb 9, 2017 for $2.3 billion, Blue Coat Systems was acquired on Aug 1, 2016 for $4.65 billion, VeriSign was acquired on May 19, 2010, for $1.250 billion, Altiris was acquired on April 6, 2007, for $1.038 billion, and Symantec purchased Veritas ...
Berkshire already owns 13.8% of Verisign, and its market cap of $20.3 billion makes it difficult for Buffett to invest hundreds of millions of dollars more in it. But retail investors will have no ...
Berkshire Hathaway currently owns roughly 28.2% of Occidental. ... VeriSign is a Reston, Virginia-based provider of internet infrastructure and domain name registry services. Buffett first ...
In December 2011, Verisign reported that approximately 100 million com domains were registered. [13] According to the Domain Name Industry Brief published in March 2020, which publishes every quarter, com domain registration totaled 145.4 [14] million. As of March 2009, Verisign reported that 926 accredited registrars serve the domain. [13]