Security News > 2020 > February > $2.07bn? That's one Dell of a deal offloads infosec biz RSA
2020-02-18 17:30
Dell Technologies is flogging its infosec business RSA for $2.075bn as it tries to reduce its longstanding debt.
"The transaction will further simplify our business and product portfolio. It also allows Dell Technologies to focus on our strategy to build automated and intelligent security into infrastructure, platforms and devices to keep data safe, protected and resilient."
Dell acquired RSA as part of its whopping $67bn deal to buy storage giant EMC in 2016, one of the largest tech mergers in history.
Previously Dell considered selling its stake in Secureworks, though it has also considered buying out the remaining stake in that business.
Dell is trying to pay down $49bn in long-term debt, mostly amassed from the EMC buy.