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AV vendor Comodo has sold a majority stake of its certificate authority business (Comodo CA Limited) to Francisco Partners for an undisclosed amount.<\/p>\n
Comodo CA is the largest certificate authority by number of issued SSL certificates, with over 200,000 customers, and more than 55 million certificates issued globally in 2017.<\/p>\n
SSL certificates ensure that the online traffic between a website and a user is encrypted and that the website\u2019s identity is verified as authentic.<\/p>\n
In connection with the transaction, Comodo CA has hired Bill Holtz, former COO of Entrust and CIO of Expedia, to join the company as its new Chief Executive Officer.<\/p>\n
\u201cThe alignment of the Comodo CA acquisition with the current market demand for trusted certificates and certificate lifecycle management signals a monumental opportunity for all parties,\u201d said Holtz. \u201cThe need to responsibly provide the required verification, oversight and operational management to encrypt network traffic and identify websites will only grow. Trusted digital certificates will remain a fundamental requirement of today\u2019s network security infrastructure for eCommerce and new evolving IoT networks. Francisco Partners has a sound, smart and aggressive strategy for Comodo CA and I\u2019m delighted to join the team to execute their vision.\u201d<\/p>\n
\u201cComodo has long been a valued, trusted and innovative leader in the digital certificate space,\u201d said Francisco Partners Founding Partner and CEO Dipanjan Deb. \u201cThis is demonstrated by 15 years of consecutive growth that was only made possible by leadership and product teams that keenly understand the market and their customers. We\u2019re truly excited to welcome Comodo CA to the Francisco Partners family.\u201d<\/p>\n
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AV vendor Comodo has sold a majority stake of its certificate authority business (Comodo CA Limited) to Francisco Partners for an undisclosed amount. Comodo CA is the largest certificate authority by number of issued SSL certificates, with over 200,000 customers, and more than 55 million certificates issued globally in 2017. SSL certificates ensure that the […]<\/p>\n","protected":false},"author":24,"featured_media":490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[430,431,104],"acf":[],"yoast_head":"\n