Texan tech giant hacks off part of security real estate, sells to consortium
Dell Technologies is flogging its infosec business RSA for $2.075bn as it tries to reduce its longstanding debt.
The sale, rubber stamped today, was made to a consortium led by STG Partners, a private equity investor that specialises in tech; Ontario Teachers' Pension Plan Board; and Dutch private equity group, AlpInvest Partners.
RSA helps companies confirm user IDs and manage other digital security risks. It serves 30,000 customers ranging from banks to consumer-goods makers. It also runs security conferences, including one scheduled for this month in San Francisco that IBM dropped out of recently.
"This is the right long-term strategy for Dell, RSA, and our collective customers and partners," said Jeff Clarke, CEO and veep of ..
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