Raytheon Company (RTN) - NYSE
  • Oct. 29, 2015, 3:19 PM
    • Raytheon's (RTN -0.5%) Websense security software unit is buying Intel's (INTC -1.8%) Finnish Stonesoft firewall/next-gen firewall unit, which was acquired by the chip giant in 2013 for $389M. Terms are unknown for now.
    • Trade site CRN has picked up a memo from Websense CEO John McCormack confirming the deal. The memo states Websense will be adding 300 employees, and that the deal is expected to close by year's end.
    • Stonesoft's hardware has been sold under the McAfee brand. From all indications, it has had a tough time competing against the likes of Cisco, Palo Alto Networks, Fortinet, and Check Point.
    • Earlier this year, Intel re-branded its McAfee unit as Intel Security, and formerly integrated the business with the rest of the company. More recently, Intel unveiled a security strategy focused on cloud and endpoint (device) protection. A new version of McAfee Endpoint Security (version 10.X) was announced, as was a new threat-detection/incident-response tool called McAfee Active Response.
    | Oct. 29, 2015, 3:19 PM | 1 Comment
  • Apr. 20, 2015, 7:39 AM
    • Confirming earlier reports, Raytheon (NYSE:RTN) says it will buy cybersecurity provider Websense from P-E firm Vista Equity Partners for $1.9B, including debt.
    • Raytheon will combine Websense with its cybersecurity unit, after which Vista Equity will invest about $335M for a 19.7% stake in the new company.
    • Previously: Report: Raytheon to acquire Websense for $1.9B (Apr. 19 2015)
    | Apr. 20, 2015, 7:39 AM
  • Apr. 19, 2015, 6:54 AM
    • 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)
    | Apr. 19, 2015, 6:54 AM
  • Mar. 16, 2015, 3:09 PM
    • Raytheon (RTN +2.4%) is in talks to acquire network security company Websense, owned by the Vista Equity Partners P-E firm, likely for more than $1B, Bloomberg reports.
    • Websense makes software that blocks websites and lets companies inspect network traffic and filter emails for security and hacking threats.
    • RTN in November acquired Blackbird Technologies, a surveillance and cybersecurity company, for $420M to bolster its intelligence business.
    | Mar. 16, 2015, 3:09 PM
  • Jan. 26, 2015, 8:09 AM
    • Raytheon (NYSE:RTN) has acquired Sensintel, a provider of unmanned aircraft systems solutions, which will become part of the company's Missile Systems business.
    • The transaction is not expected to materially impact Raytheon's sales or earnings in the first quarter or full year 2015.
    | Jan. 26, 2015, 8:09 AM
  • Nov. 5, 2014, 9:16 AM
    • Raytheon (NYSE:RTN) has purchased privately held cybersecurity company Blackbird Technologies for about $420M.
    • The company says the transaction will not materially impact sales or EPS for the fourth quarter of 2014.
    | Nov. 5, 2014, 9:16 AM
  • Oct. 11, 2012, 10:15 AM
    With defense budgets being slashed around the world, the collapse of the BAE's $45B merger with EADS will put the focus on possible deals between tier-two firms such as Rockwell Collins (COL), L-3 Communications (LLL), SAIC (SAI) and Harris (HRS), industry execs and bankers tell Reuters. Much could depend on whether Congress averts the automatic defense cuts that are due from Jan 1.
    | Oct. 11, 2012, 10:15 AM | 5 Comments
  • Dec. 5, 2011, 12:27 PM

    Raytheon (RTN +0.5%) says it's acquired Pikewerks, a privately held company that provides cybersecurity solutions focusing on insider threat protection, software protection and forensics. Terms of the deal were not disclosed.

    | Dec. 5, 2011, 12:27 PM
Company Description
Raytheon Co. develops and manufactures engineering technology for government and commercial use in the areas of defense, government electronics and information technology. It provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing,... More
Industry: Aerospace/Defense - Major Diversified
Country: United States