Raytheon closes acquisition of Oakley Systems

Another data-leak prevention vendor snapped up by a technology giant

US Government technology supplier Raytheon announced the completion of its acquisition of data-leak prevention company Oakley Systems.

The acquired company will operate as a wholly owned subsidiary called Raytheon Oakley Systems, as part of Raytheon's Intelligence and Information Systems business unit, say officials. The terms of the purchase was not disclosed.

Oakley, founded in 2001, was one of the first startups to emerge in the data-leak prevention space, although lately the company has refocused its SureView monitoring software and related CoreView appliance as "risk management" technology for networks and PCs.

Hoping to distinguish itself from the dozens of data-leak prevention start-ups that have entered the market over the past few years, as well as from existing security companies adding such features to their gateway products, Oakley has emphasized its technology's ability to monitor and record every employee action. Its technology gives administrators tools to reconstruct incidents needed for investigations into data breaches and other policy violations, officials say.

While dozens of start-ups have entered the data-leak protection market, few independent companies are left. In the past 12 months, EMC's RSA group announced plans to acquire Tablus for an undisclosed amount; Cisco acquired IronPort (which offers data-leak prevention features in its e-mail security appliance) for US$830 million; Websense bought Port Authority Technologies for US$90 million; and McAfee bought Onigma for US$20 million. Meanwhile, rumors continue that Symantec is on the verge of announcing plans to acquire Vontu.

Like Raytheon, Oakley has plenty of experience providing technology to the government market. For the first five years of the company's existence it sold exclusively to government agencies, before expanding into the commercial market in late 2005 as enterprises were becoming more aware of the threat posed by insiders, officials say.

Raytheon's 2006 sales totaled US$20.3 billion, and the company employees 73,000 people.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Cara Garretson

Network World
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?