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California and the West | IN BRIEF / TECHNOLOGY

Software firm Websense to acquire PortAuthority

December 21, 2006|From Bloomberg News

Websense Inc., a maker of software to monitor employees' Internet use, agreed to buy Palo Alto-based PortAuthority Technologies Inc. for about $90 million in cash to add business software that prevents leaks of confidential information.

The acquisition is expected to cut profit by 10 cents to 15 cents a share in 2007 and add slightly to earnings in 2008, San Diego-based Websense said.

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