NODE 435891d7RSA & Sec. Dyn.
Ben Rothke <ben.rothke@citicorp.com>Tue, 16 Apr 1996 05:00:10 +0800
It's true:
FOR IMMEDIATE RELEASE
Security Dynamics to Acquire RSA in Transaction Valued at
Approximately $200 Million
Cambridge MA and Redwood City, CA -- 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 $11,6000,000 and $950,000, respectively.
Ben
NODE d4458722Re: RSA & Sec. Dyn.
Steve Reid <steve@edmweb.com>Tue, 16 Apr 1996 13:05:39 +0800
> It's true:
> FOR IMMEDIATE RELEASE
> Security Dynamics to Acquire RSA in Transaction Valued at
> Approximately $200 Million
Okay, so what do we know about Security Dynamics? What are they expected
to do about licensing etc?
The question of the day is... HOW WILL THIS AFFECT CRYPTO?
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