Raytheon Co. said Tuesday it has completed its acquisition of Oakley Networks Inc., a privately held technology company based in Salt Lake City.
Oakley provides cyber-security and data leakage prevention systems.
Raytheon IIS, based in Texas, said it will operate the company as a wholly owned subsidiary called Raytheon Oakley Systems Inc. within Raytheon's Intelligence and Information Systems business. Raytheon Co., based in Massachusetts, has 73,000 employees worldwide.