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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