| Business Summary | | VeriSign,
Inc.
is
a
provider
of
infrastructure
services
to
Website
owners,
enterprises,
e-commerce
service
providers
and
individuals.
Effective
January
1,
2001,
the
Company
was
organized
into
two
customer-focused
lines
of
business.
The
Mass
Markets
Division
focuses
on
delivering
all
of
its
products
and
services
to
small
and
medium-size
enterprises,
as
well
as
to
consumers
that
wish
to
establish
a
presence
on
the
Web.
The
Enterprise
and
Service
Provider
Division
focuses
on
delivering
all
of
its
products
and
services
to
larger
enterprises
and
service
providers
around
the
world
that
want
to
establish
and
deliver
secure
Internet-based
services
to
their
customers
in
both
business-to-consumer
and
business-to-business
environments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VRSN
provides
Internet-based
trust
services
needed
by
websites,
enterprises
and
individuals
to
conduct
secure
communications
and
electronic
commerce
on-line.
For
the
six
months
ended
6/30/01,
revenues
rose
from
$104.3
million
to
$444.6
million.
Net
loss
totaled
$12.57
billion,
up
from
$4.79
billion.
Results
reflect
the
acquisition
of
THAWTE,
Signio
and
Network
Solutions,
higher
sales
of
website
digital
certificates
and
VeriSign
OnSite
services,
offset
by
$12.64
billion
in
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| D. James Bidzos, 46 Chairman | -- | -- | Stratton Sclavos, 39 Pres,
CEO | $438K | $29M | James Rutt, 47 Pres,
Mass Market Division and CSO | 197K | 35M | Dana Evan, 41 Exec.
VP- Fin. and Admin., CFO | 244K | 13M | Quentin Gallivan, 43 Exec.
VP of Worldwide Sales | 300K | 24M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|