Verisign: The Anchor of the Internet's Foundation
AI Summary1 min read
TL;DR
Verisign manages .com and .net domains, ensuring internet stability and security. Its long-term contracts drive steady revenue and make it a key investment.
Tags
Verisigndomain namesinternet securityICANNinvestment
Verisign operates the registry for.com and.net domains, covering over 40% of the global online domain market. The company provides essential services to ensure the stability and security of the internet. Verisign's annual contract renewal for.com and.net domains has resulted in stable revenue growth and strong customer retention. The company has a long-term contract with the Internet Corporation for Assigned Names and Numbers (ICANN), which ensures future revenue visibility. Verisign's dominance in the domain name industry makes it a strategic investment opportunity.
