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EMC Buys RSA Security for $2.1B

Posted by ryuzaki0 on from the lots-of-encrypted-money dept.

jam244 writes to mention the news of RSA's purchase by EMC. The deal is expected to go through in late third or early fourth quarter of 2006. Once folded into the company, RSA will act as the company's information security division. From the article: "Stice said the proposed price for RSA was 'somewhat expensive,' but added that the deal has the potential to improve EMC's business mix, broaden its product portfolio and further penetrate the consumer security storage market."

4 of 47 comments (clear)

  1. Same guys that bought VMWARE by dilute · · Score: 5, Insightful

    Watch for EMC to become a dominant player in the IT market, going way beyond disk drives and data storage. These folks are making some very strategic acquisitions.

  2. Complete list of acquisitions... by gasmonso · · Score: 4, Interesting
    Here's a complete list of mergers and acquisitions: http://www.emc.com/ir/mergers/index.jsp

    Looks like they've been busy :)

    http://religiousfreaks.com/
  3. Re:EMC FP? by The+Clockwork+Troll · · Score: 5, Funny

    You forgot to sign your first post with EMC's private key, so I reject your claim.

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  4. Re:Rivest and Stein by nuzak · · Score: 4, Informative

    Beats me, but Rivest, Shamir, and Adleman probably hold a lot of stock in the company.

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