Dell offloads RSA cyber unit to consortium for US$2.08 Billion

SOUTH AFRICA – American multinational computer technology company Dell is selling its security unit RSA for US$2.08 billion (R30 billion) to investors led by Symphony Technology Group, with Ontario Teachers’ Pension Plan Board and AlpInvest Partners as other partners of the consortium. Dell took control of RSA after the historic 2016 US$67 billion transaction that combined two global technology heavyweights – Dell and EMC – in what was then termed the largest technology merger in history. The RSA transaction will include purchase of products RSA Archer, RSA NetWitness Platform, RSA…

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