author photo
By SecureWorld News Team
Tue | Nov 26, 2019 | 10:33 AM PST

Dell quite suddenly took ownership of cybersecurity company RSA when it acquired EMC in 2016. 

EMC, for its part, paid $2.1 billion for RSA Security in 2006. Now, a new report indicates that Dell may sell RSA for half that amount.

Is RSA Security up for sale?

So far, only Bloomberg has "sources" that say a sale is being considered.

Here is what Bloomberg reports:

"Dell Technologies Inc. is exploring a sale of RSA Security, a cybersecurity business it hopes could fetch at least $1 billion, including debt, according to people familiar with the matter.

Discussions are at an early stage and there is no guarantee Dell will end up selling the asset, said the people, asking not to be identified because the matter is private."

Bloomberg points out that RSA has seen strong competition from rivals  Okta and Ping Identity.

Who would buy RSA?

It's hard to know who would buy RSA or might have interest. This too has been the subject of rumors over the years. Like this 2018 report in industry publication CRN:

"Symantec is said to have recently explored the prospect of buying RSA from Dell Technologies, according to sources close to RSA and Symantec. Multiple sources reached by CRN said it does not appear that talks are ongoing between the two companies."

Here's a question: if RSA is sold, will the company announce it at the annual RSA Conference in San Francisco this year?

We'll be watching to see if that session is on the agenda.

Comments