Websense to Buy PortAuthority

SAN DIEGO -- Websense, Inc. (NASDAQ:WBSN) today announced a definitive agreement to acquire PortAuthority Technologies, Inc., of Palo Alto, Calif., and Ra'anana, Israel, for approximately $90 million in cash.

The planned acquisition will bring together two technology and market leaders in preemptive content security: PortAuthority with its information leak prevention technology and Websense with its ThreatSeeker™ malicious content identification and categorization technology. The result will be a new best-of-breed security software company with the capabilities to help organizations prevent the unauthorized use or disclosure of confidential data while simultaneously protecting users and data from external malicious threats.

Through an existing OEM technology alliance established in September of this year, Websense has been working with PortAuthority to enhance the Websense® Deep Content Control™ technology to deliver comprehensive security solutions that protect users and data from internal and external threats, both known and emerging.

Websense Inc. (Nasdaq: WBSN)