EMC to acquire RSA Security for almost US$2.1 billion

Friday, 30 June 2006, 10:35 AM EST

In a deal that marries one of the IT industry's biggest data storage vendors and one of its best-known security companies, EMC Thursday unveiled plans to acquire RSA Security.

Under the deal, EMC will pay US$28 a share, or almost US$2.1 billion for RSA, according to the companies. The acquisition is expected to be completed late in the third quarter or early in the fourth quarter of this year.

At Computerworld.

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