Dell Technologies is close to selling its RSA cybersecurity operations business to private-equity firm STG Partners for over USD 2 billion, the Wall Street Journal reported, citing sources familiar with the matter. The announcement could come quickly, the sources added.
RSA serves 30,000 customers, from banks to consumer-goods makers, confirming user identities and managing other digital security risks. The company also runs security conferences, including one scheduled to take place this month in San Francisco.
Dell acquired RSA when it bought EMC in 2016. It now wants to sell the unit and focus on its core businesses.
