Updated from 5:11 p.m. EST

Proclaiming itself to be more than just "dot-com," VeriSign ( VRSN) shook up its three business units and consolidated them into two to streamline operations and better address the market for digital infrastructure services.

The company is combining its three business units -- VeriSign Security Services, VeriSign Information Services and VeriSign Communications Services -- into two, called sales and consulting services, and products and marketing.

Sales and consulting will focus on global accounts, partnerships and channel relationships, and it will include consulting and business development.

John Donovan, former CEO of InCode Wireless, will lead the division. InCode was acquired by VeriSign in November.

The products and marketing group will develop, sell and support VeriSign products and solutions to businesses of all stripes. The group plans to address market needs in media and entertainment, telecom, financial services, health care, retail and the public sector.

VeriSign's former head of Information Services, Mark McLaughlin, will head up the new group.

"We believe this new organization structure will allow all of our employees to focus on a common goal -- enabling our customers to accelerate their transformation to the Any Era by helping them bring new services to market more quickly and efficiently," Stratton Sclavos, CEO of VeriSign said in a statement.

Shares of VeriSign tacked on 7 cents to $23.31 in extended trading.

VeriSign reports its quarterly earnings on Jan. 31.

More from Investing

Gotta Know When to Hold 'Em: Casino Stock Selloff Is Premature After Union Vote

Gotta Know When to Hold 'Em: Casino Stock Selloff Is Premature After Union Vote

Bank Stocks Slump After Congress Greenlights Dodd-Frank Rollback

Bank Stocks Slump After Congress Greenlights Dodd-Frank Rollback

10 Questions for PayPal Ahead of Its Big Investor Day

10 Questions for PayPal Ahead of Its Big Investor Day

Tesla's Model 3 Is Far From Being for the Masses -- at Least For Now

Tesla's Model 3 Is Far From Being for the Masses -- at Least For Now

Rent the Runway co-founder Chats with Cramer on Equal Pay and a Good Pair Jeans

Rent the Runway co-founder Chats with Cramer on Equal Pay and a Good Pair Jeans