Hosted on MSN1mon
BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018
Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018.
ITWeb on MSN1d
Cylance acquisition to add value for Arctic Wolf partners, customers
In terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to ...
The Business Journals1mon
Arctic Wolf buys Blackberry's Cylance security business for $160M
Twin Cities cybersecurity firm Arctic Wolf said Monday it acquired Cylance, a security business owned by BlackBerry, for a fraction of the price BlackBerry had paid just six years ago. Twin Cities ...
Business Insider1mon
Arctic Wolf to acquire BlackBerry’s Cylance assets for $160M
Arctic Wolf and BlackBerry (BB) have entered into a definitive agreement for Arctic Wolf to acquire BlackBerry’s Cylance endpoint security assets. Cylance is the pioneer of AI-based endpoint ...
Miami Herald1mon
Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance
Cylance is the pioneer of AI-based endpoint protection trusted by thousands of organizations around the world. With this acquisition, Arctic Wolf ushers in a new era of simplicity, flexibility ...
MarketWatch1mon
BlackBerry Shares Rise on 3Q Beats, Post-Cylance Optimism
BlackBerry shares jumped Friday morning after reporting better-than-expected third-quarter results, days after announcing it was shedding its ailing cybersecurity business, Cylance, at a steep loss.