Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Management & Strategy

PE Firm to Acquire Forcepoint From Raytheon

Francisco Partners to Buy Forcepoint from Raytheon Technologies for Undisclosed Sum

Francisco Partners to Buy Forcepoint from Raytheon Technologies for Undisclosed Sum

Private equity firm Francisco Partners will acquire cybersecurity solutions firm Forcepoint from Raytheon Technologies, the companies announced Monday.

ForcePoint Logo

Terms of the agreement were not disclosed. 

With thousands of customers across more than 150 countries, Forcepoint offers a portfolio of products and services to help enterprises monitor and lock down their networks, endpoints and data. The company launched a new business unit focusing on critical infrastructure in September 2018.

ForcePoint was created in 2015 and unveiled as a new brand in 2016 after Raytheon and Websense announced a $1.9 billion deal with Vista Equity Partners to form a new company combining Websense with Raytheon Cyber Products. Websense was previously taken private in May 2013 by Vista for over $900 million. 

“We look forward to working with the Forcepoint management team to help the company realize its full potential as an independent company while delivering enhanced value to the company’s customers, partners, and the end users its products protect,” said Andrew Kowal, Partner at Francisco Partners.

“This transaction represents an exciting opportunity for Forcepoint to continue to innovate and drive growth with Francisco Partners. We believe that this partnership will help us to continue to invest in our products and organization while delivering increased value to our customers.”

Advertisement. Scroll to continue reading.
Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem