Austin cybersecurity company Websense bought for $1.9 billion

April 20, 2015 9:14 PM

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NEW YORK (AP) — Raytheon is buying cybersecurity company Websense from private equity firm Vista Equity Partners for about $1.9 billion in a move aimed at making defense-grade cyber protection available to commercial companies.

The Waltham, Massachusetts-based company best known for its military defense systems will invest just under $1.6 billion to gain majority ownership of the company and ultimately contribute $1.9 billion to the combined venture.

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