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By Nick Wakeman

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Nick Wakeman

Raytheon rumor focuses on cyber deal

It looks like our pick for single best dealmaker of 2014 – Raytheon – isn’t going to rest on any laurels in 2015.

Bloomberg is reporting that the company is working to acquire Websense, a cybersecurity business, for more than $1 billion.

Websense makes products that help organizations, including government agencies, protect their networks against cyberattacks and data theft by inspecting network traffic and filtering emails and other network traffic.

In 2014, Raytheon acquired Blackbird Technologies, a surveillance and cybersecurity company, for $420 million. We picked that acquisition as the single best deal of 2014.

Websense is owned by Vista Equity Partners, which acquired the company in 2013 for $890 million, according to the Bloomberg report.

A deal for Websense would continue a quickly moving trend we are seeing in the market of larger systems integrators acquiring companies with cybersecurity capabilities. For example, one of Raytheon’s biggest rivals, Lockheed Martin, made four acquisitions in 2014, including Industrial Defender, a provider of cybersecurity products. Because of the four deals, Lockheed was picked as the best overall dealmaker.

Click here to see all the best deals of 2014.

Posted by Nick Wakeman on Mar 17, 2015 at 11:47 AM


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