Tuesday, May 21, 2013
 
 

(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million, a move that should come as a relief to investors after years of weak sales from its legacy business.

The offer of $24.75 per share represents a roughly 29 percent premium to Websense's Friday close. Websense shares rose to just above the offer price to a near two-year high in morning trading on the Nasdaq.

"After years of speculation, investors will be rubbing their eyes this morning that Websense finally got acquired and will go the route of other security software vendors that got the private equity bid," FBR Capital analyst Daniel Ives said.

The com   [READ MORE]
 
 
(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million.

The offer of $24.75 per share represents a roughly 29 percent premium to Websense's Friday close on the Nasdaq.

...   [READ MORE]
 
By Terril Yue Jones

BEIJING (Reuters) - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses.

But while the government tolerates such anti-corruption vigilantism, it is also ex...   [READ MORE]
By Jim Finkle and Jennifer Saba

(Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify.

Th...   [READ MORE]
By Brett Wolf

ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins i...   [READ MORE]
LONDON (Reuters) - The website and Twitter feed of British newspaper the Financial Times were hacked on Friday, apparently by the Syrian Electronic Army, a group of online activists who say they support Syrian President Bashar al-Assad.

The group posted links on the newspaper's Twitt...   [READ MORE]
LONDON (Reuters) - The website of British newspaper the Financial Times was hacked on Friday, apparently by the Syrian Electronic Army, a group of hackers and on-line activists who say they support Syrian President Bashar al-Assad.

Stories on the FT's website have had their headlines...   [READ MORE]
 
 
 
 
 
 
 
 
 
 
 
 
 

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