From: Ben Rothke <ben.rothke@citicorp.com>
To: jya@pipeline.com>
Message Hash: 435891d75f85244159ca4e2e243bc79705791f3cd33d57bc6c958256cf04403e
Message ID: <199604151631.AA14619@egate.citicorp.com>
Reply To: N/A
UTC Datetime: 1996-04-15 21:00:10 UTC
Raw Date: Tue, 16 Apr 1996 05:00:10 +0800
From: Ben Rothke <ben.rothke@citicorp.com>
Date: Tue, 16 Apr 1996 05:00:10 +0800
To: jya@pipeline.com>
Subject: RSA & Sec. Dyn.
Message-ID: <199604151631.AA14619@egate.citicorp.com>
MIME-Version: 1.0
Content-Type: text/plain
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
Return to April 1996
Return to “Steve Reid <steve@edmweb.com>”