Finding one good idea is hard enough, let alone finding the series of good ideas that it takes to build and maintain a growing software franchise. While Websense (Nasdaq:WBSN) once had a good growth business in web filtering, that market is eroding and the company has yet to convince the Street that it can drive appealing growth from a broader expansion into web security.
Down with the Old, In with the New
Websense's legacy web filtering business has not disappeared, but it is fading quickly. To compensate and give the company a shot at future growth, management has staked a lot on Triton - a suite that broadens the company's web security business and addresses additional markets like small/mid-sized businesses (SMB) and mobile device security.
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