US arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a US$1.9bil (RM6.90bil) deal, the latest in the fast-growing cybersecurity market.
Several companies, including Sony Corp, Staples Inc, Home Depot Inc and Target Corp, have been targets of high-profile data thefts over the past two years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!