Raytheon acquisition expands its cybersecurity offerings

Raytheon Co. has acquired Pikewerks Corp., a privately held cybersecurity company.

Financial terms of the transaction were not disclosed.

The goal of the acquisition is to further extend Raytheon's capabilities to defend against sophisticated cybersecurity threats facing customers in the intelligence community, Defense Department and commercial organizations, the company explained in a Dec. 5 announcement.

The purchase will enhance Raytheon's comprehensive cybersecurity offerings, including a range of analysis and investigation capabilities with particular emphasis on insider threat protection, software protection and forensics, the announcement said.

Pikewerks’ products include Electronic Armor, an anti-exploitation software tool that protects executable files; and Second Look, a software capability for live, in-memory forensic analysis of operating systems.

Company founder and President Sandy Ring and CEO Michael Ring will remain with the company.

Pikewerks, of Madison, Ala., has offices in Alexandria, Va., Seattle and San Antonio, Texas.

Raytheon Co., of Waltham, Mass., ranks No. 4 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.