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EMC To Acquire RSA Security

Tags » Authentication, Data Security, Security

It's official, EMC this afternoon announced that it is acquiring RSA Security in an all-cash transaction valued at slightly less than $2.1 billion.

Joe Tucci, EMC's Chairman, President and CEO, said, "Information security is a top priority among executives around the world, and it has become an inseparable attribute of information management. Businesses can't secure what they don't manage, and when it comes to securing information, that means simply two things - managing the data and managing access to the data. EMC is the leading provider of information management solutions. Bringing RSA into the fold provides EMC with industry-leading identity and access management technologies and best-in-class encryption and key management software to help EMC deliver information lifecycle management securely."

"This acquisition signals a fundamental change in the landscape of the security market," continued Tucci. "EMC is 100% committed to applying the resources required to continue to expand RSA's leading market share while also tightly integrating their technology with EMC's products to bring customers the best information-centric security portfolio available."

Art Coviello, RSA CEO and President, said, "Information security threats are evolving from attacks on the network and the perimeter to attacks on the data itself. These attacks are designed to obtain information, intellectual property and other information that can be exploited for criminal gain. For this reason, security must be an integral part of the information infrastructure, transparently allowing authorized users to easily get access to information. The combination of RSA's leading security technology coupled with EMC's best-in-class information infrastructure and financial resources will accelerate the integration of security into the information infrastructure."


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