Defence and security company Raytheon has announced the $1.7bn acquisition of Websense, and signalled a deeper move into wider protection capabilities with the establishment of a standalone cyber security unit.
This is not Raytheon's first such purchase, having paid $420m for cyber security and surveillance firm Blackbird last year.
Raytheon has worked with an equity company called Vista to buy Websense and create a new unit that combines Raytheon Cyber Products with Websense security offerings.
Raytheon said that this would give the company a strong hold on the cyber threat environment, and access to Websense's 20,000 existing customers.
"The market for advanced cyber solutions that protect and defend global industry and infrastructure is rapidly growing due to the sophisticated threats posed by well-funded, nation-state adversaries and criminal networks," said Raytheon chief executive Thomas Kennedy.
"As the business enterprise evolves to meet the networked demands of today's mobile and cloud economy, these threats will grow in size and scale.
"The new joint venture will combine Raytheon Cyber Products and Websense capabilities to deliver the advanced, defence-grade technology solutions needed to meet this evolving threat."
The joint company will be headed up by Websense chief executive John McCormack, who said that he is looking forward to bringing new tricks to current users and technologies to new partners.
Raytheon gets an 80 percent stake in the business, Vista takes the other 20, and Raytheon will contribute $1.9bn for the acquisition and towards startup costs.
"As a cyber security market leader, Websense provides a proven technology platform, a team with depth and breadth of industry experience, over 21,000 customers, and a delivery channel of over 2,200 partners," said McCormack.
"The opportunity to provide our growing customer base with Raytheon's patented technology positions us to serve customers as they manage the emerging and long-term cyber threat environment."
This patented technology includes Raytheon's Triton security platform. The deal is expected to close this year, subject to the usual approvals.
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