Non-public equity fascination in protection companies reveals no indications of slowing
Dell has agreed to sell its RSA protection organization to a consortium led by a US-dependent private equity business for $2.075 billion, the corporation verified these days.
The transaction is the hottest significant private equity buyout of a cybersecurity specialist, following Thoma Bravo’s £3.1 billion offer for the UK’s Sophos in Oct.
The transaction consists of the order of RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Threat Intelligence and RSA Conference.
The offer, led by Symphony Engineering Group, with participation from the Ontario Teacher’s Pension Fund, is expected to close in the up coming 6 to nine months.
RSA offers risk detection and reaction, id and accessibility administration, integrated hazard administration and omnichannel fraud prevention for a purchaser foundation of close to 12,500 customers. It also operates the RSA Conference.
“As a person