- Raytheon (NYSE:RTN) has agreed to buy Websense from P-E firm Vista Equity Partners, in a deal that values the network security company at $1.9B, including debt, Reuters reports.
- The new company will be 80% owned by Raytheon and Vista will keep a 20% stake.
- Websense makes software that blocks websites and lets companies inspect network traffic and filter emails for security and hacking threats.
- Previously: Raytheon higher as report says in talks to acquire Websense (Mar. 16 2015)