Dell Sells Cybersecurity Unit for $2.08 Billion TO Symphony Technology Group Consortium

Dell Sells Cybersecurity Unit for $2.08 Billion TO Symphony Technology Group Consortium

Dell Technologies Inc. is near to a deal for selling its RSA cybersecurity business for more than $2 billion. Reportedly, the buyer is a syndicate headed by Symphony Technology Group. According to the sources familiar with the matter, the deal could take place as early as Tuesday. Dell had purchased RSA for $60 billion while buying EMC Corp. in 2016. Now, it is selling the unit to private equity business STG Partners LLC. It seems like Dell’s latest effort is to make things easier for its businesses’ portfolio. RSA offers…

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Ford Motors Missed Fourth Quarter Earnings Expectations

Ford Motors Missed Fourth Quarter Earnings Expectations

When it comes to the automobile industry, there are many big companies in this sector which are trying to survive in everlasting fierce competition and ford motors is one of those companies. Recently the giant automobile making company Ford Motors released its fourth quarter’s earnings report, which shows that the company couldn’t meet analysts’ expectations of earning per share. The company reported 12 cents per share earnings in the fourth quarter with a revenue of more than $39.7 billion. Earlier of this result, getting officially declared analysts said the company…

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