"Raytheon said to be in talks to buy Websense" by Alex Sherman and Richard CloughBloomberg News March 16, 2015
NEW YORK — Raytheon Co. is in talks to acquire Websense Inc., the network security company owned by private equity firm Vista Equity Partners LLC, according to people familiar with the matter.
A deal could be reached as soon as this month, one person said, asking not to be identified because the process is private. Vista hired Citigroup Inc. to sell Austin, Texas-based Websense for more than $1 billion, Bloomberg News reported last week. There’s no guarantee the two sides will come to an agreement, the people said.
Websense makes software that blocks websites and lets companies inspect network traffic and filter e-mails for security and hacking threats.
Sort of makes you wonder who is REALLY BEHIND all the hacking, doesn't it?
Waltham, Mass.-based Raytheon, the world’s biggest missile maker, with products including the Patriot system, in November acquired Blackbird Technologies, a surveillance and cybersecurity company, for $420 million.
In a Jan. 29 interview, chief financial officer Dave Wajsgras said the company will pursue other deals, with an emphasis on expanding its cyber capabilities and electronic warfare operations. “We will continue to focus on technology-based acquisitions in areas that we see we can expand our markets and build off of our technology foundation,” he said. Vista, Citigroup, and Raytheon declined to comment.
Yeah, a bank is going to get a cut of this chi bono, who benefits bu$ine$$?
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Upon further reflection, I may post related links as updates.
Then again, I may not.
