Well, that’s that then. Websense has completed its purchase of SurfControl. As I mentioned back in April the deal to consolidate the top two players in this space has now crossed the finish line.
From the news release:
Websense, Inc. today closed its acquisition of SurfControl plc, as the scheme of arrangement relating to the recommended offer for SurfControl plc, at a price of 700 pence per share, has now become effective. The final purchase price is approximately pounds Sterling 204 million, including deferred compensation and stock option expense. The acquisition represents a major milestone in the execution of Websense’s growth strategy to expand its security product portfolio and customer base through both internal development and acquisition.
As a result, Websense offers a powerful set of content security solutions that intelligently protect customers from external malicious attacks and internal information leaks, delivered as downloadable software, on an appliance, and now as an on-demand hosted service. With the acquisition of SurfControl, Websense has doubled its customer base to more than 50,000 organizations worldwide and now protects content for more than 42 million employees.
It will be interesting to see if this drives up the price on Websense.
Tags: Websense Acquires SurfControl, SurfControl, Websense
