RSA Announces Agreement to Acquire Valyd Software Private Ltd.
RSA, The Security Division of EMC (NYSE: EMC), today announced a major expansion of its enterprise data protection (EDP) strategy that will help enable customers to secure encryption endpoints across the enterprise. By protecting data wherever it resides, this will empower customers to pursue and accelerate their primary business objectives with confidence.
Core to this development, RSA has announced a definitive agreement to acquire Hyderabad, India-based Valyd Software Private Ltd. for an undisclosed sum, and has established strategic partnerships with CipherOptics, Decru, NeoScale Systems and EpicorCRS.
The acquisition of Valyd is expected to close later in Q1-2007. Upon completion, it will immediately provide RSA's customers with solutions for effective enterprise-wide data protection for a variety of database management systems and protection of sensitive data maintained in files - against internal and external attacks.
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