EMC has completed its $2.1bn (£1.11bn) acquisition of
RSA Security and has also announced that it is buying another
security company for $175m.
The storage specialist wants to offer customers a full security
offering with their data platforms and the acquisitions will enable
the firm to form a new information security division.
To go with RSA, EMC is to acquire Network Intelligence, a
specialist in the security information and event management market,
for $175m.
Joe Tucci, EMC chief executive officer, said, “Information
security continues to dominate the spending intentions of CIOs
around the world. The battlefront in security has quickly shifted
from securing the network perimeter to protecting and securing the
information itself, wherever that information lives and wherever it
moves.”
RSA Security adds enterprise identity and access management,
consumer identity and fraud protection, and encryption and key
management to EMC’s product portfolio.
Network Intelligence provides tools that enable companies to
collect, monitor, analyse and report on security event-related
activity throughout the IT infrastructure – in the network, in
enterprise applications, on mainframes and desktops, and in storage
devices.
Operating under the RSA brand, EMC’s new security division will
be headquartered in Massachusetts, RSA’s established home.
It will be led by Art Coviello, the former chief executive
officer of RSA Security. Coviello is now an executive
vice-president of EMC and the president of RSA, reporting to
Tucci.
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