Indeed, the recent Attachmate-Novell merger represents cost-cutting play as opposed to the equity-friendly growth story pitched by Asurion.

FORBES: Dividend finance rises on strong credit conditions

Verizon Mobile Security, available on Android smartphones running Android 2.1 or higher, combines the security capabilities of Asurion and McAfee.

ENGADGET: Verizon intros Mobile Security app for Android, wants to keep you safe

Asurion, too, was adding just a turn of leverage.

FORBES: Dividend finance rises on strong credit conditions

Total Equipment Coverage combines the benefits of Asurion's Wireless Protection Plan for lost, stolen, and damaged devices, and Verizon Wireless' Extended Warranty for mechanical or electrical defects after the manufacturer's warranty expires.

ENGADGET: Verizon intros Mobile Security app for Android, wants to keep you safe