DigiCert Completes Acquisition of Symantec’s Website Security and Related PKI Solutions
DigiCert acquired Symantec under the terms of the agreement, $950 million acquisition of Symantec Website Security and PKI solutions related to SSL/TLS certificates business received in upfront cash proceeds and approximately 30% stake in the common stock equity of DigiCert.
DigiCert completes acquisition of Symantec’s certificate authority business on 31st October. The deal to acquire Symantec’s Website Security and Related PKI Solutions was first announced on August 3rd. DigiCert is a leading provider of scalable identity and encryption solutions.
Speaking on this occasion DigiCert CEO John Merrill said, “Today starts an exciting era for the current customers and partners of both Symantec and DigiCert, For Symantec customers, they can feel assured that they will have continuity in their website security, and that we will provide a smooth transition. Our customers and partners will benefit from our accelerated investment in products and solutions for SSL, PKI and IoT. DigiCert will also lead to shape PKI security standards through our participation in industry standards bodies to ensure our customers stay at the forefront of security practices. DigiCert is prepared for this opportunity.”
“The addition of Symantec Web PKI solutions to DigiCert will provide a customer experience that is second to none. We are excited for Symantec customers to benefit from solutions that help advance and strengthen website security,” said Greg Clark, Symantec CEO. “We expect Symantec and DigiCert customers to benefit from focused investment in the next generation of security solutions for our respective customers, and today’s action helps advance this important objective”
This acquisition will bring together the best minds in the industry and provide customers a reinforced technology platform, unparalleled customer support and cutting edge innovations. DigiCert will continue its operations from its headquarters at Lehi, Utah with a combined strength of around 1,000 professionals.
How does this merger impact Symantec and Digicert Customers
The addition of Symantec’s Website Security to DigiCert brings together the best talent in the industry which will further the efforts to reinforce the SSL, PKI, and IoT based solutions to customers.
DigiCert has a strong reputation in the industry for being fast, reliable and excellent customer support. Symantec customers can experience this DigiCert’ s service in addition to industry-leading OCSP response times, and award-winning PKI and IoT management platforms.
DigiCert’ s platform is highly scalable and is designed for high-volume deployments for SSL and IoT and stress tested for billions of certificates. DigiCert will be able to continue providing industry-leading issuance times, even with the added Symantec Website Security business.
What benefits will customers gain from this acquisition?
DigiCert has a strong reputation in the industry for being fast, reliable, and responsive. Known for our exceptional customer support and fast certificate issuance, we’re excited for Symantec customers to experience this level of service in addition to our industry-leading OCSP response times. In the coming months, you’ll gain access to the full line of our products to complement those that you have enjoyed from Symantec. These include DigiCert’s SSL and private PKI services, leading PKI-based solutions for IoT device security, and an award-winning certificate management platform.
Will my Symantec SSL/TLS certificates continue to work after the acquisition?
Yes, this acquisition has no impact on your certificates’ validity periods. Unless impacted by browser-related issues, all Symantec issued certificates remain valid and will continue to work until their respective expiration dates.
Will Symantec certificates remain valid until their expiration dates?
It depends. Browsers announced a deprecation timeline that begins in March of 2018. Customers with certificates issued prior to June 2016 need to replace existing certificates before then. All customers will need to transfer to the new roots by September 2018. DigiCert will begin contacting customers immediately after the close to assist with the migration. All existing certificates impacted by the distrust dates will receive replacement certificates for the remaining validity period at no cost to them.
What will happen with the Root Hierarchies after the close?
Per the Google and Mozilla plan, the browsers plan to gradually distrust all existing Symantec roots over the next year. Customers impacted by this distrust will receive notification and remediation steps from DigiCert following the close. However, DigiCert does plan to cross-sign certain roots with the older Symantec roots to provide a wide ubiquity, and support customers with pinned roots or custom applications. Customers relying on a specific Symantec root are encouraged to contact DigiCert immediately following the close for assistance with the migration.
Will all existing Symantec website links still work after the close?
Yes, but some links may change in the near future. Website tool addresses and credentials will remain the same immediately after the close and for the foreseeable future. Revocation information links included in a certificate will likely transfer shorter after the close. Most customers should not be impacted by this link migration. DigiCert will give prior notice on any website links being deprecated after the close.
Will DigiCert’s infrastructure scale for the added Symantec business?
Our infrastructure was built for scale and performance, which is especially important as we take on the Symantec Website Security and related PKI business. DigiCert systems are designed for high-volume deployments for SSL and IoT, and are stress-tested for billions of certificates. You’ll see industry-leading issuance times, even with the added Symantec business.
Will the Root structure change after the close?
Yes, but not immediately. DigiCert plans to create new roots that are cross-signed by the existing Symantec roots. These new roots will be embedded in browsers, providing a seamless transition for most customers. Customers with pinned intermediates or roots should contact DigICert immediately following the close for assistance.
How do I order and manage my Symantec certificates?
You can continue to order and purchase certificates the same way you always have, whether that’s from an Acmetek account rep or online. In addition, you can still use your existing Acmetek management tools.
Will I continue to use Managed PKI for SSL or the Complete Website Security console to administer/manage my certificates?
Symantec customers can continue using their existing management tools for Symantec certificates. The move to an innovative, next-generation platform is anticipated to begin in 2018 and will likely require an API update to move to the new servicing URL at that time. DigiCert will communicate changes as they arise and will work to ensure that any changes are seamless to your operations.
Will I need to change the systems or APIs I access after the close?
No. After the close, customers may continue using the API access they have already used. DigiCert plans to eventually migrate all customers to a single, robust platform that increases the functionality of all users. DigiCert will use commercially reasonable efforts to implement the migration in a way that minimally impacts all users. Acmetek will relay that to all its partners and Acmetek partners will not have to do any changes on their end as we will push the changes for them.
Are there any changes with my SSL contracts, and certificate validity periods?
You’ll notice few differences, if any, today. Your Acmetek account management contacts, existing contracts, brands, and validity periods for your certificates remain the same today, as does pricing.
Will the validation process change after the close?
Yes. DigiCert is known for its robust validation process, which means customers may experience faster verification times. Although all Symantec workflows may be supported initially, digicert plans to implement changes as necessary to support existing needs.
What happens to my seal (i.e., Norton Secured Seal)?
Any seal issued by Symantec will remain valid after closing. Any changes will be communicated by DigiCert.
What Acmetek Can Offer Its Customers & Partners?
Acmetek will be able to offer an even wider range of solutions from both Symantec and DigiCert. Current Symantec customers can continue to order and purchase certificates the same way they always have. In addition, they can still use existing Symantec management tools. Account management contacts, existing contracts, brands, and validity periods for certificates will remain the same, as does pricing as off now.
We are worked up about bringing together the best of what Symantec has to offer with DigiCert. Acmetek partners and customers are having amazing opportunities in terms of various advanced security solutions. With this acquisition is the best situation for all parties like DigiCert, Symantec clients, partners, and resellers. The SSL and PKI solutions platform have a great bright future with a new responsible leader in the website security industry.
We’ll keep on updating to our customers and partners for transmitting updates with regular communication for further questions. Acmetek has dedicated support team is standing by around-the-clock, ready to assist you with any questions or concerns you may have. Do you want to buy an SSL Certificates at low cost? Simply you can click on request Pricing form to submit your requirements.