When was rsa acquired by emc

I have been preaching how the convergence of storage and security will be the next big thing for both technologies, and with this acquisition, EMC is building a strong foundation in security. Is that type of punishment really deserved? Probably not, since EMC has a proven track record of successfully and quickly leveraging acquisitions.

The latest acquisitions make as much sense as any of the previous ones. Surely data security and data protection are critical components of that blueprint. Rob Sadowski, Sr. Our customers have been asking for integrated security solutions in our storage products.

We view security is an intrinsic part of helping customers protect and leverage their data. Media Library. Analyst Relations. Our Social Impact Plan for Advancing Sustainability. Cultivating Inclusion. Transforming Lives. How to Recycle. EMC also announced it has signed a definitive agreement to acquire Massachusetts-based Network Intelligence joins market leaders which will create the new information security division of EMC. The acquisition is expected to be completed late in the third quarter or early in the fourth quarter of this year.

The technology company that integrates security with information management "will be a huge winner in the technology marketplace, and that company is EMC," he said during a conference call late this afternoon. Earlier, in a statement , Tucci said the deal "signals a fundamental change in the landscape of the security market. Art Coviello will become an executive vice president of EMC and president of the division. But over the longer term, RSA's technologies will allow the storage vendor to offer strong access control and auditing capabilities on top of its storage management products.

Giving customers a better way to protect that data makes sense for EMC, he said. RSA itself had been well positioned to grow, especially as a provider of strong authentication technologies, Shacter said. The whole notion of strong identity management and the interest in multifactor authentication -- in particular in the financial and health care communities -- had given RSA a "whole lot of traction" recently, he said.

That helped give them a revenue stream that was healthy and probably improved their evaluation. Jonathan Penn, an analyst at Cambridge, Mass. In the short term, EMC's enterprise customers are going to see less of a need for add-on security products to protect stored data, he said.