California aerospace and defense firm Raytheon is stepping up on cybersecurity. It has just paid $ 1.9 billion to acquire Websense, Reuters reported on Saturday April 18, citing sources familiar with the matter and confirming information from the site specializing in the high-tech CRN. Websense, specializing in computer network security, was previously owned by private equity fund Vista Equity Partners. However, this fund retains 20% of the capital. “Raytheon pays the equivalent of more than four to five times Websense’s annual turnover” specified the Wall Street Journal this Monday.
TritonAPX, Websense ACE and Websense ThreatSeeker Intelligence Cloud are the three services marketed (in Saas if necessary) by this company founded in San Diego in 1994. Websense, listed on Nasdaq since 2000, employs around 1,500 people in the United States. United and internationally, particularly in France. These devices allow companies to secure the information they hold.
This is not the first time that Raytheon, missile maker and precision weapons, is interested in a company in the field of cybersecurity. The American got hold of Blackbird Technologies for $ 420 million last November.
Photo credit: Fotolia, royalty-free stock images, vectors and videos