LONDON -- VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced a major initiative to expand and diversify the capacity of its global Internet infrastructure by ten times by the year 2010.
Named Project Titan, the initiative's aim is to increase the capabilities of VeriSign's infrastructure to manage the explosive surge in interactions taking place as e-commerce, social networking and Internet-enabled wireless devices place huge new demands on the Internet while at the same time protecting against cyber attacks that are growing in both scale and sophistication.
The Project Titan initiative includes the expansion of VeriSign's critical infrastructure both in scale and location and investment in new engineering, monitoring and security systems to support the growth in Internet traffic. Over the next three years, VeriSign will increase its daily Domain Name System (DNS) query capacity from 400 billion queries a day to over 4 trillion queries a day and will scale its proprietary constellation of resolution systems to increase their bandwidth from over 20 gigabits per second (Gbps) to greater than 200 Gbps. In addition, by distributing its infrastructure to many more locations around the globe, the .com and .net systems will have greater redundancy and reduced latency, which will improve the experience for users by reducing bottlenecks and increasing speed. State of the art engineering enhancements to the system will also create increased capability to track, correlate and pinpoint security and network related events on a global basis.
"With the emergence of consumer-driven services and the surge in web-ready wireless devices, the Internet we know today is radically different than the one we knew just five years ago," said Stratton Sclavos, Chief Executive Officer and Chairman of VeriSign. "We must make sure that VeriSign's infrastructure is ready to support a new era of the Internet, the Any Era, where billions of users demand anywhere, anytime, any device access to communications, information and entertainment."
VeriSign Inc. (Nasdaq: VRSN)