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EMC Buys RSA Security for $2.1B 47

jam244 writes to mention the news of RSA's purchase by EMC. The deal is expected to go through in late third or early fourth quarter of 2006. Once folded into the company, RSA will act as the company's information security division. From the article: "Stice said the proposed price for RSA was 'somewhat expensive,' but added that the deal has the potential to improve EMC's business mix, broaden its product portfolio and further penetrate the consumer security storage market."

"Of course power tools and alcohol don't mix. Everyone knows power tools aren't soluble in alcohol..." -- Crazy Nigel