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. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Tech News

India's Tech Mahindra posts Q4 revenue miss
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show
Most global tech leaders see their companies unprepared for AI
India plans curbs on suspect bank accounts to fight cyber fraud, sources say
Tech companies plug into India's smaller cities for talent
Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor
Artificial intelligence offers an opportunity to improve EV batteries
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up

Others Also Read