User:Vc2233/sandbox/Cybertrust

CyberTrust was a security services company formed in Virginia in November 2004 as a result of a merger of the TruSecure and Betrusted security companies. CyberTrust acquired a large stake in Ubizen, a European security services firm based in Belgium, which was on track to becoming one of the largest information security firms in the world. CyberTrust was acquired by Verizon Business in 2007.

History
CyberTrust was originally founded as a subsidiary of GTE Corporation's Government Systems Information Security Directorate. CyberTrust was focused on providing security services for electronic Commerce, such as authentication, privacy, integrity and non-repudiation, using Public Key Technology. In 2000, GTE sold CyberTrust to Ireland-based security company Baltimore Technologies plc for $150 million. In 2003, Baltimore Technologies started to divest itself from its operating companies and sold all digital certificate operations to Be Trusted Holdings, Inc. A year later, in September 2004, Betrusted announced its intention to merge with former competitor TruSecure Corporation, and the resulting company was headquartered in Virginia under the name CyberTrust. CyberTrust used its majority shareholding to perform a share dilution of the remaining Ubizen shares, forcing it to acquire the remaining shares and delist Ubizen in 2005. Verizon Business then acquired CyberTrust in 2007. Financial terms of the acquisition were not disclosed.

Awards
CyberTrust was selected as the recipient for the 2004 Frost & Sullivan Market Leadership Award for exhibiting market leadership through the implementation of successful marketing strategies. The Market Leadership Award is an annual award that recognizes excellence in all areas of the marketing process – identification of industry challenges, market drivers and restraints, strategy development, and methods of addressing these market dynamics.