EMC to buy RSA for US$2.1 billion

EMC has agreed to buy RSA for nearly US$2.1 billion, the companies announced Thursday.

EMC has agreed to buy RSA Security for nearly US$2.1 billion, the companies announced late Thursday.

EMC will pay US$28 per share for RSA and assume outstanding options, the companies said. The deal is expected to close in the third quarter or early in the fourth quarter of 2006 following regulatory approvals.

More to follow.

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More about BillionEMC CorporationRSARSA, The Security Division of EMC

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