[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
rsa bought!!! [fwd]
Security Dynamics To Acquire RSA In Transaction Valued At Approximately $200
Million
CAMBRIDGE, Mass. and REDWOOD CITY, Calif.--(BUSINESS WIRE)--April 15,
1996--Security Dynamics Technologies, Inc. (NASDAQ:SDTI) and RSA Data
Security, Inc. today announced that they have signed a definitive
agreement for Security Dynamics to acquire RSA, a Redwood City,
California vendor of encryption software. The transaction is intended
to be carried out by the merger of RSA and a wholly-owned subsidiary of
Security Dynamics in a tax-free transaction accounted for as a pooling
of interests. For the year ended December 31, 1995, RSA had revenues
and net income of approximately $11,600,000 and $950,000, respectively.
--
A host is a host from coast to [email protected]
& no one will talk to a host that's close........[v].(301) 56-LINUX
Unless the host (that isn't close).........................pob 1433
is busy, hung or dead....................................20915-1433