Newsroom

RSA (The Company) Being Sold for $2.075bn

From The Category5.TV Newsroom Episode 643
February 19, 2020

RSA helps companies confirm user IDs and manage other digital security risks. It serves 30,000 customers ranging from banks to consumer-goods makers. It also runs security conferences, including one scheduled for this month in San Francisco that IBM dropped out of recently. The sale, rubber stamped Tuesday, was made to a consortium led by STG Partners, a private equity investor that specialises in tech; Ontario Teachers' Pension Plan Board; and Dutch private equity group, AlpInvest Partners.

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