Verizon Business, a provider of communications and information technology solutions, of late pronounced a definitive agreement under which it will acquire Cybertrust, a privately held provider of global information security services. The financial terms were not disclosed. By combining Cybertrust's global presence and customer base, focused security expertise and professional services with Verizon Business' 'cloud-to-core' security portfolio, global IP network and financial strength, the acquisition will redefine the global security landscape. The companies expect to close the transaction in 60 to 90 days.

"Security is a top concern for corporate CIOs worldwide, and this transaction demonstrates Verizon Business' focus on and commitment to providing world-class security solutions," said John Killian, President of Verizon Business. "As the world continues to move to IP, this combination creates an essential engine for protecting our customers' operations end-to-end.

John Becker, Chief Executive Officer, Cybertrust, said, "Joining with Verizon Business creates a capability that provides unmatched security expertise and extensive global reach that enables organizations to proactively manage risk and strengthen their protection of critical information assets. This combination will allow us to deliver a new generation of innovative security services that are aligned with an organization's business needs at all levels."