EMC has added to its acquisition tally by snapping up security information vendor Network Intelligence for $175m.
The storage giant has also completed its $2.1bn acquisition of RSA Security which it announced back in July (CRN, 3 July).
Network Intelligence will join RSA to form the new information security division of EMC, operating under the RSA brand. The Network Intelligence acquisition is expected to close by the end of business today.
Joe Tucci, chief executive of EMC said: “Information security continues to dominate the spending intentions of CIOs around the world. The battlefront in security has quickly shifted from securing the network perimeter to protecting and securing the information itself – wherever that information lives and wherever it moves.
“The additions of RSA and Network Intelligence to the EMC family enables us to execute on our information-centric security strategy to help organisations around the world secure their information throughout its lifecycle and reduce the associated cost of regulatory compliance.”
MSP plans to use new acquisition to expand its security offerings
Reseller also saw its operating profit fall five per cent in its financial 2017
Wendy Bahr to bring 18-year spell at networking giant to an end
AdEPT says latest purchase will push revenue beyond £50m