Representative End User Clients
Representative Automation Clients
Representative Software Clients
Intel is selling Stonesoft, the Finnish cybersecurity company it bought two years ago for $389 million, to Raytheon-Websense. The unit is known for its computer firewall products.
This would seem to signify a significant realignment for Intel, which started building out its security software portfolio in earnest when it paid nearly $7.7 billion for McAfee five years ago. Earlier this year it rebranded the McAfee unit as Intel Security.
Raytheon, the defense industry giant, bought Websense for $1.9 billion in April as part of its $3.5 billion bid to become a cybersecurity super power. Raytheon-Websense is now actually a joint venture 80 percent owned by Raytheon, the rest by Vista Equity Partners.
A Raytheon spokesman had no comment for this story and Intel reps did not respond to requests for comment. There are reports of an internal memo from Raytheon-Websense CEO, John McCormack, outlining the acquisition plans. According to that memo, the move will add 300 employees to Raytheon staff and bolster Raytheon's Triton security platform in the hybrid cloud arena.
If this deal gets done, it takes McAfee out of networking security, where it had not been doing well.
Keywords: Cybersecurity, Computer Firewall, Security Software, Hybrid Cloud, ARC Advisory Group.