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Comodo: Article

Comodo Drags Marketshare From Verisign

Company Raises SSL Slice to 16%
By Security News Desk
Article Rating:
June 14, 2005 11:00 AM EDT
Reads:
 7,887

Comodo Inc., based in Jersey City, NJ, with additional offices in the UK, Japan, and Israel, has established itself as the second largest High Assurance Certification Authority, a market that provides SSL certificates to Internet businesses.

Trailing clear industry leader Verisign, Comodo has nevertheless gained marketshare over the past nine months, according to the UK-based, Internet tracking company Netcraft.

Comodo now has 16% of the SSL market, compared with Verisign’s 71%, and has gained 2 percentage points over the past nine months. The market itself grew by about 8% in this period, according to Comodo.

“The SSL protocol, when delivered via an efficient and cost effective High Assurance authentication system continues to prove itself as an effective ubiquitous solution to the issue of privacy on the Internet”, said Melih Abdulhayoglu, CEO and Chief Security Architect at Comodo. “We are pleased to see the recognition from the market of the Comodo value innovations of price performance and delivery.”

Silicon Valley-based Verisign, for its part, states that it secures more than 450,000 web servers with SSL, and that “47 out of the (world’s) top 50 e-commerce websites trust Verisign SSL technology.”

Published June 14, 2005 – Reads 7,887
Copyright © 2005 Ulitzer, Inc. — All Rights Reserved.
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