EMC receives approval to acquire RSA Security

Reuters reported that the data storage maker EMC has received U.S. antitrust approval to acquire the digital security company RSA Security, U.S. officials said on Monday.

Antitrust authorities completed their review of the nearly $2.1 billion deal without taking any action to block it, the U.S. Federal Trade Commission said in a notice. On June 29, EMC agreed to buy Massachusetts-based RSA Security as part of its strategy to diversify into software. RSA sells key-chain-sized SecurID devices that businesses use to control access to computer networks.