Raytheon | Websense acquires Stonesoft from Intel Security, renames combined company Forcepoint
Raytheon | Websense, the majority owned cybersecurity division of defense contractor Raytheon Co., has a new name following its acquisition of Stonesoft from Intel Security.
The new company name is Forcepoint, LLC and will offer the combined products of both Raytheon | Websense (itself the result of a merger back in April 2015) and Stonesoft’s next-generation firewall business.
Forcepoint will have as its core business the goal of bringing “defense-inspired cybersecurity” to the global commercial market, providing organizations with a unified software platform that promises to defend against attacks, rapidly detect breaches, and stop damage and theft.
“When you merge these three entities, all with a very strong brand and you want to take to the market a new approach, then it pretty much needed a rebrand in order to help customers and partners realize what you are trying to achieve,” Forcepoint Asia Pacific Vice President Maury Garavello told ZDNet.
“Forcepoint’s platform empowers organizations to concentrate on business execution and growth knowing that their data is being protected in the cloud, on the road and in the office,” Forcepoint Chief Executive Officer John McCormack said in an official announcement on the name change. “Our approach is to provide an unparalleled platform to defend against attacks, detect suspicious activity sooner, and give the context needed to decide what actions to take to defeat the attack and stop the theft of data.”
As part of the new company’s launch, Forcepoint also announced three new products that address insider threats, cloud-based protection of Microsoft Office 365, and best-in-class, massively distributed, next-generation, network security.
Stonesoft buy
The price of the acquisition of Stonesoft was not disclosed but may have been around the $400-500 million price range, given that it last changed hands when it was acquired by McAfee (now Intel Security) back in 2013 for $389 million in what we described at the time as being a bit overpriced.
Stonesoft itself brings an integrated application control, sophisticated evasion prevention and Intrusion Prevention System (IPS) service into the Forcepoint mix, adding to its broader ability to deliver Advanced Evasion Techniques (AETs) that evade other devices while delivering exfiltration protection using both application and endpoint intelligence.
Combined with Websense’ Triton APX security intelligence suite that offers security solutions that unify web, email, data and endpoint security, Stonesoft’s technology expands the cloud and hybrid capabilities the newly formed company is able to offer.
More details on the new products can be found on the Forcepoint website here.
Image credit: Forcepoint/screenshot
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