Investment firm Francisco Partners said this week it has agreed to acquire Raytheon Technologies' Forcepoint cybersecurity business. Forcepoint was created just over five years ago through a deal with private-equity firm Vista Equity Partners . But Raytheon has long been signaling that the company would not be part of the merged business. Last year, Tom Kennedy, then the chief executive of Raytheon, said Forcepoint would not a be a "long-term part of the [Raytheon Technologies] portfolio ." "They're doing some...
