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

investor.symantec.com

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

#4
post #2

Eh ? About to be untrusted by google... interesting time to sell it.

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 the customers, the community believes DigiCert is competent, and old Symantec customers get business continuity. It possibly makes more business sense for Symantec to sell their root to a trusted CA than to continue to operate it.

And I think it makes sense for DigiCert to buy it: Symantec's customers are people who are clearly willing to pay too much for even a low-quality certificate because they let Symantec consultants set up their trust infrastructure years ago and have no idea how to modernize their infrastructure. If you want a target market of people who will pay lots of money for CA services despite the presence of free services like Let's Encrypt, Symantec's existing customer base is a perfect fit.

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

#6
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 deal and its intentions to the browser community and will continue to work closely with them during the period leading up to our closing the transaction. DigiCert appreciates and shares the browsers’ commitment to engendering trust in digital certificates and protecting all users. "

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

#8
From the email announcement:

  ... snip ...
Also, some of you may be wondering about any implications our announced acquisition will have on the ongoing debate between Symantec and the browser community about trust in their certificates.

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 deal and its intentions to the browser community and will continue to work closely with them during the period leading up to our closing the transaction. DigiCert appreciates and shares the browsers’ commitment to engendering trust in digital certificates and protecting all users.

  ... snip ...

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

#9
post #4
post #2

Eh ? About to be untrusted by google... interesting time to sell it.

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.

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