Francisco Partners, Raytheon strike Forcepoint pact
October 28, 2020
Francisco Partners has agreed to acquire Forcepoint, a cybersecurity specialist based in Austin, from aerospace and defense giant Raytheon. In 2015, Raytheon paid $1.9 billion to acquire Websense from Vista Equity Partners and merged the business with its own cybersecurity unit to create Forcepoint, with Vista retaining a 19.7% stake. Raytheon reportedly bought out Vista's remaining holding earlier this year.