Raytheon to buy cybersecurity firm Websense in US$1.9bil deal


  • TECH
  • Tuesday, 21 Apr 2015

CONSOLIDATION: The Websense deal will add more than 20,000 commercial customers to Raytheon's portfolio of predominantly government clients.

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. 

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