RSA will soon have a new parent company. Dell Technologies said Tuesday it intends to sell RSA, a security vendor known for its access management, fraud prevention and threat detection offerings, to a consortium led by private equity firm Symphony Technologies Group. The two sides have entered into a “definitive agreement” for an all-cash transaction worth $2.075 billion, Dell said in a statement Tuesday. The deal was first reported Sunday by the Wall Street Journal. The deal includes products and services including RSA Archer, RSA NetWitness Platform RSA SecurID, RSA Fraud and Risk Intelligence and the RSA Conference, a large security conference scheduled to hold its 2020 event starting Feb. 25 in San Francisco. Symphony Technology Group entered the security industry last year, with its acquisition of a majority stake in the risk scoring company RedSeal for a reported $70 million. Other investors in RSA include the Ontario Teachers’ Pension Plan […]
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