Francisco Partners Completes Acquisition of Forcepoint>
Cision PR Web
SAN FRANCISCO and AUSTIN, Texas, Jan. 11, 2021 /PRNewswire/ — Francisco Partners, a leading global investment firm that specializes in partnering with technology and technology-enabled businesses, today announced it has closed on the previously announced acquisition of Forcepoint from Raytheon Technologies. Forcepoint is a leading provider of cybersecurity solutions that protects the critical data and networks of thousands of customers throughout the world.

Coinciding with the transaction close, the company’s board of directors has appointed Manny Rivelo as Chief Executive Officer (CEO) effective immediately. As CEO, Rivelo will focus the company’s strategy on accelerating enterprise and government agency adoption of a modern approach to security that embraces the emerging Secure Access Service Edge (SASE) architecture. Forcepoint’s SASE approach recognizes solving today’s most pressing security problems requires tight integration of capabilities that cross traditional product boundaries. It is cloud-native, end-user aware and powered by a converged security platform, and available today through Forcepoint Cloud Security Gateway and Private Access.
Link: https://www.prnewswire.com/news-releases/francisco-partners-completes-acquisition-of-forcepoint-301204835.html