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DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

investor.symantec.com

11–20 of 59 posts

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#11
Presumably the idea here is that DigiCert is buying Symantec's customer database, and instead of Symantec painstakingly transferring its users to a new, trustworthy certificate issuance system, everyone will just use DigiCert's.

Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#12

I'm a reseller for Digicert - they just sent an announcement email about this, here's the most interesting bit: "Earlier this year, the browsers proposed a plan to limit trust in Symantec certificates after discovering issues with how they were validating and issuing digital certificates. Importantly, we feel confident that this agreement will satisfy the needs of the browser community. DigiCert is communicating this…

You may want to come up with an escape plan then. If digicert can buy Symantec so that Symantec can escape censure what message does that send? At this point Symantec should be considered so radioactive that nobody would go near it for fear of contamination. Symantec betrayed all of us and digicert, in buying it and rewarding the behaviour is doing the same.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#13
post #11

Presumably the idea here is that DigiCert is buying Symantec's customer database, and instead of Symantec painstakingly transferring its users to a new, trustworthy certificate issuance system, everyone will just use DigiCert's. Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA.

> Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA.

No, no it did not. Symantec deserve zero benefit for any "customer base" transfer and digicert should be ashamed for rewarding Symantec's behaviour.

What Symantec did should result in punishment so severe no CA would dare do the same ever again. Their business should be null and void and considered to be worth absolutely nothing.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#14
post #11

Presumably the idea here is that DigiCert is buying Symantec's customer database, and instead of Symantec painstakingly transferring its users to a new, trustworthy certificate issuance system, everyone will just use DigiCert's. Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA.

[deleted]

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#15

I'm a reseller for Digicert - they just sent an announcement email about this, here's the most interesting bit: "Earlier this year, the browsers proposed a plan to limit trust in Symantec certificates after discovering issues with how they were validating and issuing digital certificates. Importantly, we feel confident that this agreement will satisfy the needs of the browser community. DigiCert is communicating this…

You may want to come up with an escape plan then. If digicert can buy Symantec so that Symantec can escape censure what message does that send? At this point Symantec should be considered so radioactive that nobody would go near it for fear of contamination. Symantec betrayed all of us and digicert, in buying it and rewarding the behaviour is doing the same.

The message is that Symantec doesn't get to run a CA business anymore. Presumably the fact that a sale was somewhat necessary was priced into the purchase price.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#16
post #11

Presumably the idea here is that DigiCert is buying Symantec's customer database, and instead of Symantec painstakingly transferring its users to a new, trustworthy certificate issuance system, everyone will just use DigiCert's. Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA.

> Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA. No, no it did not. Symantec deserve zero benefit for any "customer base" transfer and digicert should be ashamed for rewarding Symantec's behaviour. What Symantec did should result in punishment so severe no CA would dare do the same ever again. Their business should be null and void and considered to be worth absolute…

You seem to be conflating expectations and reality.

They did kill the business, but Symantec was able to salvage part of it.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#17

Earlier quoted context omitted.

You may want to come up with an escape plan then. If digicert can buy Symantec so that Symantec can escape censure what message does that send? At this point Symantec should be considered so radioactive that nobody would go near it for fear of contamination. Symantec betrayed all of us and digicert, in buying it and rewarding the behaviour is doing the same.

The message is that Symantec doesn't get to run a CA business anymore. Presumably the fact that a sale was somewhat necessary was priced into the purchase price.

The point is the purchase price should have been zero. I want every Symantec shareholder to feel the pain and never invest in any company that is that shit again.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#18
post #4

Earlier quoted context omitted.

It's Symantec's past operation of the CA that's untrusted by Google, and in fact one of the proposals was that Symantec make a new CA and cross-sign it with their old one, which would maintain compatibility for previous customers that pinned the Symantec root as well as customers using up-to-date browsers. So if the setup here is that DigiCert signs their own CA with Symantec's, then everyone's happy: DigiCert gets t…

I work in the financial infrastructure space, and while I'm no fan of Symantec, using Let's Encrypt would get me laughed out of the room by compliance and our auditors. Some checkboxes are ceremony, some have real purpose. One size does not fit all.

What about Let's Encrypt certificates make them non compliant to your auditors?

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#19

Earlier quoted context omitted.

> Which, if that's the case, will mean Google and Mozilla more or less killed the web's largest CA. No, no it did not. Symantec deserve zero benefit for any "customer base" transfer and digicert should be ashamed for rewarding Symantec's behaviour. What Symantec did should result in punishment so severe no CA would dare do the same ever again. Their business should be null and void and considered to be worth absolute…

You seem to be conflating expectations and reality. They did kill the business, but Symantec was able to salvage part of it.

They should have been utterly destroyed; not parted out to the highest bidder. I want every Symantec shareholder to feel the pain of a zero share price for what they enabled.

Re: DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

#20

Earlier quoted context omitted.

You may want to come up with an escape plan then. If digicert can buy Symantec so that Symantec can escape censure what message does that send? At this point Symantec should be considered so radioactive that nobody would go near it for fear of contamination. Symantec betrayed all of us and digicert, in buying it and rewarding the behaviour is doing the same.

The message is that Symantec doesn't get to run a CA business anymore. Presumably the fact that a sale was somewhat necessary was priced into the purchase price.

They will own 30%of digicert.

I think this deal should put digicert on a "one strike and you're out" zone as well.

I don't understand what's going on. Digicert will give Symantec 800M+ cash and a 30% equity?

And Symantec will generously allow the current digicert CEO to continue as the CEO of digicert? Doesn't look like Symantec is selling anything. Looks like Symantec is buying digicert from the owners of digicert.

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