InvestorsHub Logo
Followers 0
Posts 1005
Boards Moderated 0
Alias Born 01/08/2013

Re: None

Monday, 04/20/2015 3:13:45 PM

Monday, April 20, 2015 3:13:45 PM

Post# of 26303
Raytheon to buy Websense for 1.9 BN.

"This acquisition highlights the massive investments being allocated toward this high-priority area of IT spending as enterprises of all shapes and sizes look to bulk up legacy security systems with next-generation technologies," FBR Capital Markets analyst Daniel Ives wrote in a note.

The global cybersecurity market is estimated to jump to about $156 billion in 2019 from $96 billion in 2014, according to research firm MarketsandMarkets.


http://www.reuters.com/article/2015/04/20/us-websense-m-a-raytheon-idUSKBN0NB13S20150420
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.