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

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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