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Business/Financial

With Websense Deal, Raytheon Has No Qualms With Big Jump Into Commercial Cyber Market

By Cal Biesecker

Monday, April 20th, 2015

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With Websense Deal, Raytheon Has No Qualms With Big Jump Into Commercial Cyber Market

Raytheon infographic related to Websense deal.

Raytheon [RTN] on Monday said it will be forming a new business segment focused on the commercial cyber security market through its $1.9 billion pending acquisition of a majority share in information security provider Websense, a portfolio company of the private equity firm Vista Equity Partners.The new business segment that will be built around Websense will be a joint venture between Raytheon and Vista, which will retain a nearly 20 percent ownership stake in the arrangement through a $335 million…

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