Skip to main content

Dell Considering Selling RSA: Report

posted onNovember 27, 2019
by l33tdawg
Data Breach Today
Credit: Data Breach Today

Dell Technologies is considering the possible sale of its RSA security division, hoping such a deal could be worth $1 billion, according to Bloomberg, which cites "people familiar with the matter."

The Bloomberg report notes, however, that sources say Dell executives are only considering the idea of selling RSA and that no deal is in the works.

Dell acquired RSA in 2016 as part of its purchase of EMC for $67 billion. As part of that deal, Dell also acquired VMware, which specializes in virtualization and hybrid cloud technologies, and Pivotal, which creates tools for cloud-native application development. EMC, which is best known for storage products, acquired RSA in 2006 for about $2.1 billion. A Dell spokesperson declined to comment on the Bloomberg report.

Source

Tags

Industry News

You May Also Like

Recent News

Friday, November 29th

Tuesday, November 19th

Friday, November 8th

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th