SAN DIEGO – Websense, a provider of online data security systems, said yesterday it has agreed to acquire PortAuthorty, the developer of the DataLeak data protection solution, for $90 million in cash. The two companies had been negotiating a partnership agreement, with a combined product to be sold by Websense, which was slated for release in early 2007. Websense is publicly owned and had revenues of $46 million for its third quarter. PortAuthority is owned by four venture firms, Greylock, Lexington Ventures, NEA and Sequoia. It has about 70 customers, including United Nations FCU.
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