Security News > 2020 > February > Dell to Sell RSA Security Unit for $2 Billion

Dell Technologies on Tuesday said that it has agreed to sell its RSA Security unit to a private equity group for roughly $2.075 billion in cash.

Under the terms of the agreement, a consortium led by Symphony Technology Group, Ontario Teachers' Pension Plan Board and AlpInvest Partners, will acquire RSA assets including RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk Intelligence and the RSA Conference.

RSA ended up under Dell's umbrella after Dell acquired storage giant EMC in 2016, which had previously acquired RSA for roughly $2.1 billion in 2006.

"As one of the world's elite security brands, RSA represents a great opportunity for solving some of the rapidly developing customer challenges that go along with digital transformation," said William Chisholm, Managing Partner at Symphony Technology Group.

"This is the right long-term strategy for Dell, RSA and our collective customers and partners," said Jeff Clarke, Chief Operating Officer and Vice Chairman, Dell Technologies.

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