Raytheon forcepoint sale
WebJan 11, 2024 · As of December 31, 2024 Forcepoint reported sales of $658 million and an operating profit of $8 million. The transaction is subject to subject to satisfaction of … WebMar 10, 2024 · Based in Austin, Texas, with worldwide sales, service, security laboratories and product development, Forcepoint is a joint …
Raytheon forcepoint sale
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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 … 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 …
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 ... WebOct 29, 2024 · The Forcepoint sale comes at a time as Raytheon, an aerospace and defense giant with a market capitalization in excess of $86 billion, is cutting costs and reducing staff in order to save about $4 ...
WebJan 31, 2024 · Forcepoint, which is now Raytheon’s wholly owned business, saw its 2024 full-year net sales rise 4 percent to $658M and recorded $6M in operating income during the fourth quarter of 2024 ... WebOct 26, 2024 · At the time, Raytheon described how it was working to buy out private equity firm Vista Equity‘s stake in Forcepoint, while also exploring an overall sale of the …
WebOct 26, 2024 · AUSTIN, Texas and WALTHAM, Mass. and SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Forcepoint, a leading provider of cybersecurity solutions that protects …
WebOct 29, 2024 · Another sign came late last year when Raytheon paid nearly $600 million to buy out Vista's roughly 20% stake in Forcepoint, removing the biggest hurdle to a potential … c in inchWebOct 28, 2024 · Defense contractor Raytheon said that it signed a deal to sell cybersecurity subsidiary Forcepoint to tech-heavy private equity firm Francisco Partners.. Financial terms of the deal, which is ... cin includeWebSep 10, 2024 · Raytheon Technologies has lined up a buyer for its roughly $1 billion-annual revenue global training and logistics unit that the company said in May was up for sale. … c in inchesWebJun 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 ... diagnosis for kids with behavioral issuesWebOct 26, 2024 · Francisco Partners to Acquire Forcepoint from Raytheon Technologies. Under new ownership Forcepoint will accelerate product development and growth. October 26, … diagnosis for history of breast cancerWebJan 14, 2016 · About Raytheon . Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity ... diagnosis for lewy body dementiaWebOct 24, 2024 · While Forcepoint is more product-focused, IIS houses the bulk of Raytheon’s mostly-classified government cyber work with defense and civilian agencies. Raytheon’s guidance for this year sees ... ciniminis churros