DigiCert To Buy Symantec's CA Business For Roughly $1 Billion

[Guest]

When life gives you lemons... sell those lemons to someone else for almost $1 billion.

DigiCert To Buy Symantec's CA Business For Roughly $1 Billion : Read more

 

[ko888]

... DigiCert has agreed to acquire its "Website Security and related PKI solutions" for $950 billion in cash.

How is "$950 billion" roughly $1 Billion?

 

[Kennyy Evony]

the rest of it is in stocks. read the damn article

 

[Ashraf_17]

Makes sense, since Symantec was in denial of wrongdoing, remember Comodo has raised their stake by giving free certificate to Symantec customers

 

[ko888]

the rest of it is in stocks. read the damn article

You should learn to understand what you're reading.

I read the original press release from Symantec Corp. it clearly states that it is "approximately $950 million in upfront cash proceeds and approximately a 30 percent stake in the common stock equity".

Notice it's $950 million not $950 billion.

 

[gasaraki]

VVV

 

[gasaraki]

... DigiCert has agreed to acquire its "Website Security and related PKI solutions" for $950 billion in cash.

How is "$950 billion" roughly $1 Billion?

It's a typo. It's supposed to be $950 million.

 

[jtd871]

I hope that Digi-Cert knows how the fraudulent certificates were issued so it can avoid the mistakes going forward, otherwise Google could just blacklist them, too.

 

[brandonjclark]

Yeah, Google has a right to talk. They can't even renew their certs on time!

 

[mlee 2500]

Let's not quibble over a mere nine hundred forty-nine billion fifty million $$

 

[Kennyy Evony]

the rest of it is in stocks. read the damn article

You should learn to understand what you're reading.

I read the original press release from Symantec Corp. it clearly states that it is "approximately $950 million in upfront cash proceeds and approximately a 30 percent stake in the common stock equity".

Notice it's $950 million not $950 billion.

when figures get that high everything else is just details.