RSA Security to Be Sold to EMC for $2.1 Billion
From Bloomberg News
EMC Corp., the world’s biggest maker of storage for computers, agreed to buy RSA Security Inc. for about $2.1 billion to expand its security software business.
Shareholders of RSA, which is based in Bedford, Mass., would receive $28 a share in cash, Hopkinton, Mass.-based EMC said. That represents a 22% premium to the closing stock price Thursday.
