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RSA Security Sale Reportedly Near

RSA Security is close to sealing a deal with EMC and at least one other potential rival, The New York Times reports. The deal could be worth upwards of $1.8 billion, and the deal could close within a week, sources say. RSA Security produces SecureID security access cards for corporations and other entities. It takes in roughly $322 million in yearly revenue and $40.5 million in annual net income, according to the Times. It is unclear what other potential suitors are in competition with the company.”]

Source: https://www.csoonline.com/article/2121330/rsa-security-sale-reportedly-near.html

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