Dell sold RSA Security, an IT security company that had bought just a few years earlier with EMC (the complete package cost nearly $ 70 billion in 2015). The buyer is a group of investors led by STG, a Californian private equity. The deal earned Dell $ 2.1 billion, which is roughly the same amount EMC spent in 2006 on the purchase. RSA was founded in 1994, and has remained independent for 12 years. Its best known products are:
In the official announcement post, Dell explains that the goals of the two companies have become incompatible with each other, and since Dell is also working to simplify its activities, it was decided to sell. Of course, the transaction will require regulatory approval, as usual; therefore a final verdict will be reached in the next 6-9 months.
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