EMC Completes RSA Security Acquisition
EMC has announced it has completed the acquisition of RSA Security. EMC also announced it has signed a definitive agreement to acquire Network Intelligence, a privately-held company in the security information and event management market. EMC says "the acquisition of RSA and Network Intelligence joins market leaders which together will create the new information security division of EMC."
Joe Tucci, EMC's Chairman, President and CEO, said, "Information security continues to dominate the spending intentions of CIO's around the world. The battlefront in security has quickly shifted from securing the network perimeter to protecting and securing the information itself--wherever that information lives and wherever it moves.""The additions of RSA and Network Intelligence to the EMC family enable us to execute on our information-centric security strategy to help organizations around the world secure their information throughout its lifecycle and reduce the associated cost of regulatory compliance."
EMC's information-centric security strategy comprises five integrated elements that enable organizations to systematically and comprehensively secure their information. Those elements help customers assess the risk to their information, secure the people who access that information, secure the infrastructure through which that access takes place, directly protect the confidentiality and integrity of the information itself, and manage security information and events to assure effectiveness and ease the burden of compliance.
RSA Security adds industry-leading enterprise identity and access management products, consumer identity and fraud protection solutions, encryption and key management software and tremendous security knowledge and expertise to EMC's expanding, information-centric security product and service portfolio. Network Intelligence advances EMC's information-centric security strategy by providing tools that enable companies to collect, monitor, analyze and report on security event-related activity throughout the IT infrastructure - in the network, in enterprise applications, on mainframes, on desktops, in storage devices or elsewhere. Solutions from Network Intelligence ease the burden of proving compliance with security policy and regulations, which is an enormous cost- and time-management issue today.
Operating under the RSA brand, EMC's security division will be headquartered in Bedford, Massachusetts and led by Art Coviello, the former CEO of RSA Security. Coviello is an Executive Vice President of EMC and the President of RSA, reporting directly to Tucci. "It's becoming critical that security move beyond a point product solution. Customers are in need of security that is built in and broadly distributed within the IT infrastructure to protect people, gear and data as a cohesive solution," said Coviello. "EMC now has the resources and expertise to give customers seamless and pervasive security that allows them to leverage their information as a valuable asset rather than a potential liability."






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