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82

VeriSign

VeriSign became known for essentially running the Internet's address books, managing the directories for domains such as .com. But it has been steadily branching out into other Net-infrastructure technologies, providing services for security and e-commerce payments. That has paid off handsomely: First-quarter profits jumped more than fivefold, to $49 million, on a 75% rise in sales, to $401 million.

One standout new business: Its Jamba unit, which sells ringtones, games, and other content for mobile phones. Since VeriSign's acquisition of the German company last year, it has become responsible for more than a third of VeriSign's sales. The mobile-content business got another boost in April, with VeriSign's $270 million acquisition of LightSurf, which lets mobile-phone users more easily exchange photos and video.

Company Info

STOCK INFO VRSN
Revenues* $1.3 BILLION
Revenue Growth 32.0%
Return on Equity 12.9%
Total Return77.6%
Profits* $226.3 MILLION
Industry INTERNET COMPANIES
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

VeriSign Inc. provides intelligent infrastructure services that enable people and businesses to find, connect, secure, and transact across Internet, telecommunications, and converged networks. The company operates through two segments, the Internet Services Group and the Communications Services Group. The Internet Services Group segment consists of the Security Services business and the Naming and Directory Services business. The Security Services business provides products and services that enable enterprises and service providers to establish and deliver Internet-based services to customers. The Naming and Directory Services business acts as the registry of domain names in the .com and .net generic top-level domains, and certain country code top-level domains. The Communications Services Group segment offers network connectivity and interoperability services, intelligent data base services, mobile content and application services, and billing and payment services to telecommunications carriers and other users. VeriSign markets its products and services through its direct sales force, telesales operations, member organizations in its global affiliate network, value-added resellers, service providers, and its Web sites. VeriSign’s operations are located in the United States, Canada, Latin America, South America, Europe, the Middle East, Africa, Australia, Japan, and Asia Pacific. The company was incorporated in 1995 and is headquartered in Mountain View, Calif.

No. of Employees

3,206


Data provided by Capital IQ
Stratton D. Sclavos

Stratton D. Sclavos

AGE: 43

Titles

President, Chief Executive Officer and Chairman of the Board of Directors

CEO Bio >

Total Compensation*

$ 6 MILLION

Total Value of Options**

$ 61 MILLION

Degrees Held

University of California - Davis (BS)

* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year

Key Executives

Stratton D. Sclavos, Dana L. Evan, Quentin P. Gallivan, Vernon L. Irvin, Robert J. Korzeniewski, Judy Lin, Aristotle Balogh, Mark McLaughlin, James M. Ulam

Board Members

Stratton D. Sclavos, Scott G. Kriens, Len J. Lauer, Roger H. Moore, Edward A. Mueller, William A. Roper, Jr., D. James Bidzos, William L. Chenevich, Gregory L. Reyes


Data provided by Capital IQ
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