Monday, February 13, 2006

VeriSign to Buy 3united Mobile Solutions

NEW YORK - VeriSign Inc. agreed to acquire 3united Mobile Solutions AG for 55 million euros, or about $65.5 million, expanding VeriSign's portfolio of content services for communications providers in Eastern Europe.

Mountain View, Calif.-based VeriSign, an Internet services provider, said Monday it expects the deal to close in the first quarter.

Vienna, Austria-based 3united employs about 100 workers. The company's main business is providing mobile application services to wireless networks.

VeriSign shares rose 4 cents to $23.74 in afternoon trading on the Nasdaq Stock Market.

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