It’s a done deal. Investment firm Francisco Partners said on Monday that has completed the previously announced acquisition of Forcepoint from Raytheon Technologies.
The deal was originally announced in October 2020, with the value of the transaction not disclosed.
Coinciding with the completion of the transaction, Manny Rivelo has been appointed Chief Executive Officer (CEO) of the security company effective immediately.
In addition to Rivelo, Forcepoint announced two additional new executive appointments — Dave Stevens as SVP of Strategy and Execution, and John DiLullo as Chief Revenue Officer.
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 privatein May 2013 by Vista for over $900 million.

For more than 10 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.
More from Mike Lennon
- ‘No Evidence’ of Cyberattack Related to FAA Outage, White House Says
- SecurityWeek to Host 2022 ICS Cybersecurity Conference October 24-27 in Atlanta
- Google Completes $5.4 Billion Acquisition of Mandiant
- Cybersecurity Firm ZeroFox Begins Trading on Nasdaq via SPAC Deal
- HUMAN Security and PerimeterX Merge on Mission to Combat Bots
- Last Call: CFP for ICS Cybersecurity Conference Closes July 15th
- Johnson Controls Acquires Tempered Networks to Shield Buildings From Cyberattacks
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Latest News
- Software Supply Chain Security Firm Lineaje Raises $7 Million
- ICS Cybersecurity Firm Opscura Launches With $9.4 Million in Series A Funding
- Vulnerability Provided Access to Toyota Supplier Management Network
- Patch Released for Actively Exploited GoAnywhere MFT Zero-Day
- Linux Variant of Cl0p Ransomware Emerges
- VMware Says No Evidence of Zero-Day Exploitation in ESXiArgs Ransomware Attacks
- Comcast Wants a Slice of the Enterprise Cybersecurity Business
- Critical Baicells Device Vulnerability Can Expose Telecoms Networks to Snooping
