RSA Security Sold to Private Equity Group
Research By: Jimmy Tom, Info-Tech Research GroupMarch 16, 2020
Dell has sold RSA Security for US$2.1 billion to a private equity group consisting of Symphony Technology Group, Ontario Teachers’ Pension Plan Board, and AlpInvest Partners. The transaction is expected to close before end of calendar year 2020.
Our Take
The sale of RSA Security, which includes the RSA Conference event, to Symphony Technology Group and its associates will position RSA to become a more vendor-agnostic, independent company. Although RSA has not suffered due to its association with Dell as its parent, the optics of greater independence from any single technology vendor can only build credibility for RSA as a cybersecurity and digital risk management solutions provider.
Research By: Jimmy Tom, Info-Tech Research GroupMarch 16, 2020
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