WebOct 11, 2024 · The buying spree is happening after Forcepoint was sold by Raytheon for $1.1 billion to private equity firm Francisco Partners and named Rivelo, a former F5 Networks executive, as CEO in January. WebRaytheon Technologies [RTX] on Monday said it has agreed to sell its commercial cyber security business Forcepoint to the investment firm Francisco Partners, ending a five-year …
The Raytheon Company Is Sitting On Nearly $1.5bn Of Free Money
WebJun 24, 2024 · U.S. missile maker Raytheon's cybersecurity unit could thrive were it to be listed separately, the head of the unit, Forcepoint, told German business daily Boersenzeitung in an interview ... WebMay 24, 2024 · Raytheon, a federal defense contractor valued as such, is the 80% owner of cybersecurity software company Forcepoint. As a result of the high market multiples available in the cybersecurity sector ... how are self tapping screws measured
Seeking Growth, Raytheon Reshuffles Forcepoint Cybersecurity Unit - Nasdaq
WebOct 13, 2024 · Raytheon began divesting non-core assets from various business units after that merger. In October 2024, Forcepoint was acquired by private equity firm Francisco Partners. Terms were not disclosed, but Washington Technology has reported that the pricetag was $1.5 billion. That would, of course, be a significant discount on what … WebJan 13, 2024 · Global tech investment firm Francisco Partners completes its $1.5 billion acquisition of Forcepoint from Raytheon Technologies and appoints a new CEO alongside … WebRaytheon on Thursday said it bought out Vista Equity Partners' minority interest in cybersecurity software company Forcepoint for $588 million, opening the door for the … how are self driving cars made