On the Record · Raytheon
Raytheon acquisitions, on the record
The businesses Raytheon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
RedOwl Analytics Inc. (RedOwl), a security analytics businessWord for word“In August 2017, our Forcepoint business acquired RedOwl Analytics Inc. (RedOwl), a security analytics business, for $54 million i n cash, net of cash received, and exclusive of retention payments.” 10-K for 2017 | acquisition | August 2017 | $54 million |
Skyfence cloud access security broker (CASB) businessWord for word“In February 2017, our Forcepoint business acquired the Skyfence cloud access security broker (CASB) business for $39 million in cash, net of cash received, and exclusive of retention payments.” 10-K for 2017 | acquisition | February 2017 | $39 million |
Stonesoft next-generation firewall (NGFW) business, including the Sidewinder proxy firewall technologyWord for word“In January 2016, our Forcepoint business acquired the Stonesoft next-generation firewall (NGFW) business, including the Sidewinder proxy firewall technology.” 10-K for 2017 | acquisition | January 2016 | — |
Equity method investment in Thales-Raytheon Systems Company S.A.S. (TRS SAS)Word for word“The increase in external cost of sales at IDS was principally driven by higher external cost of sales on an international early warning radar program awarded in the first quarter of 2017 and the tax-free gain of $158 million from the sale of our equity method investment in Thales-Raytheon Systems Company S.A.S. (TRS SAS) in the second quarter of 2016, partially offset by lower external cost of sales on certain international Patriot programs due to the scheduled completion of certain production phases of the programs.” 10-K for 2017 | divestiture | second quarter of 2016 | tax-free gain of $158 million |
19.7% equity interest in Forcepoint sold to Vista Equity Partners (noncontrolling interest)Word for word“In connection with the Websense acquisition in the second quarter of 2015, we combined Websense with RCP to form Forcepoint and then sold 19.7% of the equity interest in Forcepoint to Vista Equity Partners for $343 million .” 10-K for 2017 | divestiture | second quarter of 2015 | $343 million |
commercial cloud-based call center analytics businessWord for word“In May 2018, we completed the sale of our commercial cloud-based call center analytics solutions business for $11 million in cash, net of transaction-related costs.” 10-K for 2018 | divestiture | May 2018 | $11 million in cash, net of transaction-related costs |
Skyfence CASB businessWord for word“In February 2017, Forcepoint acquired the Skyfence CASB business for $39 million.” 10-K for 2018 | acquisition | February 2017 | $39 million |
Red Owl Analytics Inc.Word for word“In August 2017, Forcepoint acquired Red Owl Analytics Inc. for $54 million.” 10-K for 2018 | acquisition | August 2017 | $54 million |
Stonesoft NGFW business, including the Sidewinder proxy firewall technologyWord for word“In January 2016, Forcepoint acquired the Stonesoft NGFW business, including the Sidewinder proxy firewall technology, for $57 million.” 10-K for 2018 | acquisition | January 2016 | $57 million |
Thales S.A.'s noncontrolling interest in Raytheon Command and Control Solutions LLC (RCCS LLC)Word for word“As a result, we acquired Thales S.A.’s noncontrolling interest in RCCS LLC and sold our equity method investment in TRS SAS for a net cash payment to Thales S.A. of $ 90 million , which was classified as a financing activity in our consolidated statements of cash flows.” 10-K for 2018 | acquisition | — | — |
RedOwl Analytics Inc. and Skyfence cloud access security broker (CASB) businessWord for word“In 2017, our Forcepoint business completed the acquisitions of RedOwl Analytics Inc., a security analytics business, and the Skyfence cloud access security broker (CASB) business for total consideration of $ 93 million , net of cash received, and exclusive of retention payments.” 10-K for 2018 | acquisition | 2017 | total consideration of $ 93 million , net of cash received, and exclusive of retention payments |
Vista Equity Partners’ interest in ForcepointWord for word“On November 18, 2019, Raytheon acquired Vista Equity Partners’ interest in Forcepoint, such that Forcepoint is now wholly owned by Raytheon.” 10-K for 2019 | acquisition | November 18, 2019 | — |
Range Generation Next LLC (RGNext) additional 10% equity ownershipWord for word“In the first quarter of 2019 we acquired an additional 10% equity ownership in the Range Generation Next LLC (RGNext) joint venture, increasing our equity ownership to 60% and giving us control of RGNext operations.” 10-K for 2019 | acquisition | first quarter of 2019 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $57 million | $0 | $51 million |
| 2017-12-31 | $93 million | $0 | $77 million |
| 2018-12-31 | $0 | $11 million | −$3 million |
| 2019-12-31 | $8 million | $0 | $19 million |
Deal filings since 2016
- 2020-04-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-03-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Raytheon’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.