Verisign Inc/Ca (NASDAQ: VRSN)

VeriSign Inc., or VRSN, is a global company that operates in the internet infrastructure and domain name registry services industry. Its primary business activities include operating the authoritative directory for all .com, .net, and .name domain names, as well as providing technical or back-end services for other top-level domains. VeriSign is responsible for directing internet traffic and ensuring the stability and security of the Domain Name System (DNS) through its operation of two of the world's thirteen root servers. The company publishes the root zone file, as the Root Zone Maintainer, under the Root Zone Maintainer Service Agreement with ICANN.

VeriSign generates revenue primarily through the registration of domain names, with the majority of its revenue coming from the .com and .net gTLDs. The company also earns revenue from the sale of domain name registrations and services to registrars, as well as from the provision of technical or back-end services to other top-level domains. The company's domain name registry services include the registration of domain names, the management of domain name databases, and the provision of DNS resolution services. VeriSign faces competition in the domain name registry space from other gTLD and ccTLD registries. However, the company's competitive advantages include its long history of operating the .com and .net gTLDs, its strong relationships with ICANN and other stakeholders, and its ability to provide high-quality domain name registry services.

VeriSign's customers include registrars, which are companies that sell domain name registrations to end-users. The company also provides services to other top-level domains, including .edu and .name. VeriSign is subject to industry regulation by ICANN, which is responsible for coordinating the global domain name system. The company is also subject to country-level laws and regulations in the United States and other jurisdictions.

VeriSign has a strong commitment to human capital management, with a focus on attracting, developing, and retaining top talent. The company's employees are mission-driven and values-focused, and VeriSign recognizes the importance of diversity, equity, and inclusion in the workplace. The company also maintains a safe and healthy environment for its employees through its robust physical safety and security program, including a life safety program which trains employees on appropriate emergency responses. VeriSign also offers a holistic wellness experience for its employees through its internal employee wellness program, called Mindful Connections, that supports employees across three pillars: physical, emotional, and financial.

VeriSign relies on a combination of copyrighted software, trademarks, service marks, patents, trade secrets, know-how, restrictions on disclosure, and other methods to protect its proprietary assets. The company has been issued numerous patents in the U.S. and abroad, covering a wide range of its technologies. VeriSign also controls access to and distribution of proprietary documentation and other confidential information.

The company's executive officers are highly experienced and qualified individuals with a strong track record of success in their respective fields. D. James Bidzos has served as Executive Chairman and Chief Executive Officer since August 2011, while Todd B. Strubbe has served as President and Chief Operating Officer since February 2020. George E. Kilguss, III has served as Chief Financial Officer since May 2012, and Danny R. McPherson has served as Executive Vice President, Engineering, Operations, and Chief Security Officer since April 2022. Thomas C. Indelicarto has served as General Counsel and Secretary since November 2014.