Raytheon Co. said it will invest $1.57 billion in net cash to take ownership of a new cybersecurity company it’s creating with private-equity firm Vista Equity Partners.

As part of the transaction, Raytheon agreed to acquire Websense Inc. from Vista for $1.9 billion, the company said in a statement Monday. Raytheon will contribute $1.57 billion in cash to the new company, of which $600 million will be a loan.

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