Monday, April 20, 2015

Raytheon to buy cybersecurity firm Websense in $1.9 billion deal

One of Raytheon's Integrated Defense buildings is seen in San DiegoU.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion 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. "We're seeing an exponential increase in the number of attacks by ultra-sophisticated attackers," Raytheon Chief Executive Thomas Kennedy told Reuters.




from World News Headlines - Yahoo News UK

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