Websense Explores Sale of Company
Web security software company Websense Inc. is exploring a sale with the aid of investment bank Qatalyst Partners, people familiar with the matter said.
San Diego-based Websense has a market capitalization of $826 million and could fetch around $1 billion in a sale, these people said. They cautioned that Websense, which has previously toyed with the idea of a sale, may again decide not to sell itself if offers come in below expectations.
Websense makes software that filters Web content, and companies frequently install it on employee computers to block access to certain types of websites, such as pornography and Facebook. Its online security technology also protects emails, data and other content from cyber attacks.
