Francisco Partners acquired the Comodo line from SSL

The business for the issuing Comodo certificates was acquired by Francisco Partners. News about it appeared on the same day as the announcement a deal closure between Symantec and DigiCert.

Melih Abdulhayoglu, founder and director of Comodo, noted that he only reduced his share in the business, and did not sell the entire business. It will allow the company to concentrate on other solutions in the field of cybersecurity.

Francisco Partners appointed Bill Holtz as CEO of Comodo CA. Previously, Bill worked as chief operating officer at Entrust. According to him, the main task for Comodo will be the expansion of the SSL certificate market. Despite the fact that Comodo already occupies a leading position in this market, the company’s brand is not so well recognised across the world. The company has managed to avoid the problems that have troubled its competitors. A serious breach related to the two resellers occurred only once in 2011, and since then the company has changed its business model to protect itself from such incidents.

Another appointment to the company’s managing board is Bill Connor, president and CEO of SonicWALL. SonicWALL is also owned by Francisco Partners. Naturally, SonicWALL has already announced that in the upcoming release wide support for Comodo certificates will be introduced. According to Bill Conner, Comodo CA's business may be rebranded in the future.

The certifying authority Comodo has issued more than 91 million certificates and has over 200,000 customers worldwide. The founder of Comodo Melih Abdulkhayoglu remains as a minority owner and observer on the board of directors.

LeaderSSL is an official partner of Comodo, so Comodo certificates are always available to buy in our store at favourable prices.