Dell sells RSA cyber-security unit for $2 bn

Team Udayavani, Feb 19, 2020, 2:15 PM IST

New York: Dell Technologies on Tuesday, February 18 announced a $2.08 billion cash deal to sell cyber-security unit RSA to a consortium led by Symphony Technology Group.

RSA specializes in defending computer systems and runs eponymous cyber-security conferences. The deal was expected to close by the end of this year.

The consortium includes a teachers’ pension plan board and Alpinvest Partners.

“As one of the world’s elite security brands, RSA represents a great opportunity for solving some of the rapidly developing customer challenges that go along with digital transformation,” said Symphony group managing partner William Chisholm said in a joint release.

“RSA has more than 12,500 customers, and its main conference is billed as the largest in the cyber-security industry,” according to Dell.

“The transaction will further simplify our business and product portfolio,” said Dell Technologies chief operating officer Jeff Clarke.

“It also allows Dell Technologies to focus on our strategy to build automated and intelligent security into infrastructure, platforms, and devices to keep data safe, protected and resilient,” he added.

Founded in 1982, RSA invented a data encryption system. The US company was bought in 2006 for approximately $2.1 billion by EMC, which was acquired a decade later by Dell for $67 billion.

ಓಂ ಶ್ರೀ ಸಾಯಿ ಜ್ಯೋತಿಷ್ಯಾಲಯ
South Canara’s Famous Asrologer
Family issue, ಮದುವೆಯಲ್ಲಿ ವಿಘ್ನ, ಸತಿ-ಪತಿ ಕಲಹ, Court Case, ವಶೀಕರಣ, Love problems, ಸದಾ ಕುಟುಂಬದಲ್ಲಿ ಕಲಹ, Money problem, ಕೆಲಸದಲ್ಲಿ ಕಿರಿಕಿರಿ, ಮಕ್ಕಳ ಸಮಸ್ಯೆ, ವ್ಯಾಪಾರದಲ್ಲಿ ಅಡೆ-ತಡೆ, Loan Issue, ನಿಮ್ಮ ಯಾವುದೇ ಸಮಸ್ಯೆಗೆ 3 ದಿನಗಳಲ್ಲಿ ಶಾಶ್ವತ ಪರಿಹಾರ.
ಹೊಟೇಲ್ ದುರ್ಗಾ ಇಂಟರ್ ನ್ಯಾಶನಲ್, ರೂಂ. ನಂ. 310, 3ನೇ ಮಹಡಿ, ಸಿಟಿ ಬಸ್ ಸ್ಟ್ಯಾಂಡ್ ಹತ್ತಿರ, ಉಡುಪಿ
ಪಂಡಿತ್ ಸಾಯಿನಾಥ್ ಜೋಶಿ : Ph- 98449-44242

Related Articles

Latest Additions