SAN DIEGO, June 25, 2013 /PRNewswire/ -- Vista Equity
Partners today completed the acquisition of Websense, Inc.
announced on May 20,
2013.
"We are excited to have closed this transaction and look forward
to taking Websense to the next level," said Robert F. Smith, CEO and founder of Vista Equity
Partners. "Websense provides a great opportunity to combine our
proven operating philosophies with the market-leading TRITON
product suite."
Websense expects the Websense® TRITON®
platform to continue accelerating growth. In 2012 TRITON billings
increased more than 20 percent to $233
million. This growth validates the company's strategic
initiatives and confirms Websense trajectory in the content
security market.
"Our top priority continues to be protecting organizations from
data theft and the latest advanced cyber attacks," said
John McCormack, Websense CEO. "Vista
brings an operational discipline that will enable us to continue to
invest in the business and technology innovation. Our next chapter
will further solidify and foster our security industry leadership.
Websense employees worldwide are tirelessly committed to delivering
an exceptional customer experience through the innovative TRITON
platform."
Today's cybercriminals increasingly steal confidential
information from insufficiently protected organizations. These
attacks elude the traditional security measures of signature-based
antivirus and firewalls, which cannot keep up with today's changing
threats. As one of the largest independent tests of real-world
threat protection of web security systems validates, the Websense
TRITON security platform blocks 68 percent more malicious links and
malware than the next ranking competitor.
Websense TRITON unifies all the key components of threat defense
and data theft prevention into a cohesive content security system.
Data loss prevention (DLP) defenses, web security, email security,
mobile security and Websense unified security intelligence are
integrated under one Websense TRITON management console.
For information on the Websense TRITON platform, please visit
www.websense.com/triton. The independent report referenced above is
available in its entirety, including detailed test methodology and
results, online at www.websense.com/proveit.
About Websense, Inc.
Websense, Inc. (NASDAQ: WBSN) is a global leader in protecting
organizations from the latest cyber attacks and data theft.
Websense TRITON comprehensive security solutions unify web
security, email security, mobile security and data loss prevention
(DLP) at the lowest total cost of ownership. Tens of thousands of
enterprises rely on Websense TRITON security intelligence to stop
advanced persistent threats, targeted attacks and evolving malware.
Websense prevents data breaches, intellectual property theft and
enforces security compliance and best practices. A global network
of channel partners distributes scalable, unified appliance- and
cloud-based Websense TRITON solutions.
Websense TRITON stops more threats, visit
www.websense.com/proveit to see proof. To access the latest
Websense security insights and connect through social media, please
visit www.websense.com/smc. For more information, visit
www.websense.com and www.websense.com/triton.
About Vista Equity Partners
Vista Equity Partners, a U.S. based private equity firm with
offices in San Francisco,
Chicago and Austin, currently invests over $7 billion in capital committed to dynamic,
successful technology-based organizations led by world-class
management teams with long-term perspective. Vista is a value-added
investor, contributing professional expertise and multi-level
support towards companies realizing their full potential. Vista's
investment approach is anchored by a sizable long-term capital
base, experience in structuring technology-oriented transactions,
and proven management techniques that yield flexibility and
opportunity in private equity investing. For further information
please visit www.vistaequitypartners.com.
Forward Looking Statements
Statements in this press release that relate to future results
and events are forward-looking statements made within the meaning
of Section 21E of the Securities Exchange Act of 1934 based on
Websense's current expectations regarding the proposed transaction.
Actual results and events in future periods may differ materially
from those expressed or implied by these forward-looking statements
because of a number of risks, uncertainties and other factors.
There can be no assurances that a transaction will be consummated.
Other risks, uncertainties and assumptions include the possibility
that expected benefits may not materialize as expected; that the
transaction may not be timely completed, if at all; that, prior to
the completion of the transaction, if at all, Websense's business
may experience significant disruptions due to transaction-related
uncertainty or other factors that the parties are unable to
successfully implement integration strategies; and other risks that
are described in Websense's Annual Report on Form 10-K for the
fiscal year ended December 31, 2012
and in its subsequently filed SEC reports. Websense does not
undertake any obligation to update these forward-looking statements
except to the extent otherwise required by law.
Investor Contact:
Avelina Kauffman
Websense, Inc.
(858) 320-9364
akauffman@websense.com
Media Contact:
Patricia Hogan
Websense, Inc.
(858) 320-9393
phogan@websense.com
SOURCE Websense, Inc.
