{"id":10086,"date":"2015-04-22T18:04:32","date_gmt":"2015-04-22T18:04:32","guid":{"rendered":"https:\/\/one.sightlinemg.com\/c4isrnet\/uncategorized\/2015\/04\/22\/raytheon-forms-cybersecurity-company-with-partner\/"},"modified":"2026-08-08T17:34:42","modified_gmt":"2026-08-08T17:34:42","slug":"raytheon-forms-cybersecurity-company-with-partner","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/c4isrnet\/it-networks\/2015\/04\/22\/raytheon-forms-cybersecurity-company-with-partner\/","title":{"rendered":"Raytheon forms cybersecurity company with partner"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Raytheon has teamed up with Vista Equity Partners to form a joint venture that will combine Websense, a Vista company, with Raytheon Cyber Products, a part of Raytheon&#8217;s Intelligence, Information and Services division.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The new company will leverage Raytheon&#8217;s advanced cybersecurity technologies and Websense&#8217;s industry leading TRITON platform to provide a new level of defense-grade cybersecurity to combat the evolving cyber threat environment,&#8221; said a Raytheon announcement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><i><b>Event: <\/b><a href=\"http:\/\/events.jspargo.com\/AFCEAcyberops15\/public\/enter.aspx\" title=\"http:\/\/events.jspargo.com\/AFCEAcyberops15\/public\/enter.aspx\">For more cybersecurity insight, check out AFCEA&#8217;s upcoming Defense Cyber Operations Symposium. <\/a><\/i><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the $1.9 billion deal, Raytheon will own about an 80 percent stake in the new venture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An analysis by <a href=\"http:\/\/www.fastcompany.com\/3045271\/welcome-to-the-post-sony-world-why-a-defense-contractor-bought-a-cybersecurity-firm-for-19-b\" title=\"http:\/\/www.fastcompany.com\/3045271\/welcome-to-the-post-sony-world-why-a-defense-contractor-bought-a-cybersecurity-firm-for-19-b\">FastCompany<\/a> suggests Raytheon is looking for a way into the commercial cybersecurity market.<\/p>\n\n\n\n<p><span style=\"color: #222222; background-color: #ffffff;\">&#8220;That global market, which analyst firm Gartner pegs at being worth <\/span><span style=\"color: #222222;\"><span style=\"border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #ffe026; background-color: #ffffff;\">approximately $76.9 billion<\/span><\/span><span style=\"color: #222222; background-color: #ffffff;\"> in spending for 2015, is something Raytheon and its competitors want a big part of,&#8221; wrote Neal Ungerleider. &#8220;The defense contractor has had enterprise-oriented cybersecurity products on the market for quite some time, but has only made <\/span><span style=\"color: #222222;\"><span style=\"border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #ffe026; background-color: #ffffff;\">limited market inroads<\/span><\/span><span style=\"color: #222222; background-color: #ffffff;\">. About 50 [percent] of Websense&#8217;s customers are overseas, which also gives Raytheon considerable pull outside their core market in America.&#8221;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;As a cybersecurity market leader, Websense provides a proven technology platform, a team with depth and breadth of industry experience, over 21,000 customers, and a delivery channel of over 2,200 partners,&#8221; said Websense CEO John McCormack.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the $1.9 billion deal, Raytheon will own about an 80 percent stake in the new 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