Dell to Sell RSA Cyber Security Unit for $2.08 Billion

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Dell to Sell RSA Cyber Security Unit for $2.08 Billion

Dell has announced that it is selling its  RSA cybersecurity business to a consortium led by private-equity firm Symphony Technology Group for $2.075 billion. The deal is expected to close in the next six to nine months.

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The deal includes the purchase of RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk Intelligence, and RSA Conference, a week before the annual mega-cyber security conference kicks off in San Francisco on Feb. 24. IT will simplify Dell’s business and product portfolio and the company to build automated and intelligent security into infrastructure, platforms, and devices to keep data safe, protected and resilient.

Source: https://siliconangle.com/2020/02/18/updated-dell-sells-rsa-cybersecurity-firm-private-equity-consortium-2b/

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