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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.
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.
CyberCash, Inc. was an internet payment service for electronic commerce, headquartered in Reston, Virginia.It was founded in August 1994 by Daniel C. Lynch (who served as chairman), William N. Melton (who served as president and CEO, and later chairman), Steve Crocker (Chief Technology Officer), and Bruce G. Wilson.
Verisign shares currently trade for about 23 times analysts' consensus earnings estimate for 2025. That's a fair price to pay for the stock, which should experience slow and steady revenue growth ...
Furthermore, article 5.1.4 of the 2001 .ORG Registry Agreement between ICANN and Verisign required that Verisign “pay to ICANN or ICANN’s designee the sum of US $5 million, to be used by ICANN in it [sic] sole discretion to establish an endowment to be used to fund future operating costs of the non-profit entity designated by ICANN as ...
His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. Over the ensuing decade, the husband-and-wife duo founded two more cybersecurity ...
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