Wednesday, December 20, 2006

Websense to Buy Palo Alto's PortAuthority for $90M

Via The Silicon Valley/San Jose Business Journal:

Websense Inc. will acquire PortAuthority Technologies Inc. for about $90 million, the company said Wednesday.

San Diego-based Websense and Palo Alto-based PortAuthority have already been working together on security solutions to protect users and data from internal and external threats.

Staffing and other details about the acquisition were not disclosed. Along with its Palo Alto headquarters, PortAuthority has facilities in Ra'anana, Israel.

More here.

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