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EMC acquires Netwitness...

Posted: Mon Apr 04, 2011 9:36 am
by PGT
http://www.benzinga.com/news/11/04/9746 ... netwitness

EMC Corporation (NYSE: EMC) today announced that it has acquired Virginia-based NetWitness Corporation.

NetWitness' technologies provide precise and pervasive network visibility, enabling security teams to detect and remediate advanced threats while automating the incident investigation process. EMC's acquisition of NetWitness closed on April 1, 2011, and NetWitness will now operate as a part of RSA, The Security Division of EMC.

The transaction is not expected to have a material impact to revenue or EPS for the full 2011 fiscal year.

Read more: http://www.benzinga.com/news/11/04/9746 ... z1IYra94Kw

Re: EMC acquires Netwitness...

Posted: Mon Apr 04, 2011 11:10 am
by complacent
how's your stock? ;-)

Re: EMC acquires Netwitness...

Posted: Mon Apr 04, 2011 11:11 am
by PGT
mine? you mean in my employer? LOL...sold a week after the announcement (the tender completed Friday last week). Not that I had much to speak of (no ESPP here and you need to be VP or above for grant/options)

Re: EMC acquires Netwitness...

Posted: Mon Apr 04, 2011 11:46 am
by Sabre
Ya, I saw the e-mail announcement and sent a message to a friend over there to see if they were still going to have kickass parties at conferences :)

Pretty interesting that EMC bought them!

Re: EMC acquires Netwitness...

Posted: Mon Apr 04, 2011 1:13 pm
by PGT
I got the email too...didn't want to post it as I didn't think we needed that detail to discuss the event. :P