Websense, Inc. (WBSN), a provider of Web, email, and data security solutions, said it would be acquired by Vista Equity Partners in a deal valued at about $1 billion. Upon closing, Websense will become a privately held company, with senior management expected to continue with the company and headquarters to remain in San Diego.
As per agreement terms, Websense stockholders will receive $24.75 in cash for each share of Websense common stock they hold, representing a premium of about 29 percent over Websense's closing price on May 17, and a 53 percent premium to Websense's average closing price over the past 60 days.
The Websense board unanimously recommends that the company's stockholders tender their shares in the tender offer.
As per the deal terms, an affiliate of Vista will begin a tender offer for all of the outstanding shares of the Websense common stock. The closing of the deal is subject to, among other things, anti-trust approval, receipt of funding under the financing agreements and other customary closing conditions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.