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BlackBerry's ambition to mix infosec and the Internet of Things has been squeezed, after the Canadian firm announced it is offloading Cylance's endpoint security products. The erstwhile handset champ ...
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Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018.
Under the terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and approximately 5.5 million common shares of ...
BlackBerry is selling its Cylance cybersecurity business. Arctic Wolf will pay $160 million over time to acquire it. BlackBerry appears to be selling the division off cheap, at a P/S ratio well ...
Shares of one-time smartphone leader BlackBerry (NYSE: BB) stock soared 16% through 11:40 a.m. ET Monday morning after the company announced it will sell its Cylance endpoint security assets to ...
WATERLOO, ON and EDEN PRAIRIE, MN / ACCESSWIRE / December 16, 2024 / Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today ...