Websense completes acquisition of SurfControl

Published on Fri, Oct 05, 2007 at 18:52 |  Source : Moneycontrol.com

Updated at Fri, Oct 05, 2007 at 20:21  

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Websense, Inc . (NASDAQ:WBSN) today closed its acquisition of SurfControl plc, as the scheme of arrangement relating to the recommended offer for SurfControl plc, at a price of 700 pence per share, has now become effective. The final purchase price is approximately £204 million, including deferred compensation and stock option expense.  The acquisition represents a major milestone in the execution of Websense's growth strategy to expand its security product portfolio and customer base through both internal development and acquisition.

 

  

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