Verizon Business is pursuing a number of managed service initiatives including key acquisitions and infrastructure investment allowing it to offer clients security and control over LANs, WANs and VoIP. One key acquisition for Verizon Business has been Cybertrust, a global security firm specializing in managed security services. As businesses struggle to cope with new reporting requirements compelled by the Sabarnes-Oxley Act, Health Insurance Portability and Accountability Act (HIPAA) and new Federal Rules of Civil Procedure (FRCP), managed security services are expected to be a six billion dollar market by 2011. As companies continue to switch from traditional wireline services to VoIP, the market in managed LANS is expected to quadruple in the next three years to eleven billion. Verizon Business is now offering a managed WLAN service and, like Time Warner Telecom, Yipes Enterprise Services and Level 3 Communications, provides virtual private LAN service (VPLS) and an Ethernet virtual private line service (E-VPLS). Software as a service (SaaS) is also expected to be key product offering in the next few years as companies look to outsource the difficult task of managing and securing multiple devices transmitting data over high speed mobile broadband, however, some analysts believe that it will be difficult for a single company like Verizon Business to manage mobile networks if the wireless service is being provided by another company. Analysts and customers agree that Verizon Business has put together a useful package of enterprise management services and has wisely retained many former MCI employees with experience in managing network services following their merger just two years ago. Ultimately, Verizon Business sees its future as managing not just networks, but devices, security and applications in order to deliver optimal use of high bandwith applications.