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BlackBerry, earlier called Research in Motion, is a Canadian smartphone-maker that made a name selling QWERTY devices, but is struggling to stay relevant in a world dominated by iOS and Android. After ...

The revision reflects the recent sale of BlackBerry's cybersecurity unit Cylance for a higher-than-anticipated price, which has removed a significant uncertainty for the company's stock.

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.

In October, BlackBerry told investors that it expected Cylance to lose $51 million this year. BlackBerry signaled to investors that a sale was in the offing and said it would channel spending to its ...

Blackberry is selling its AI-powered cybersecurity platform Cylance to Arctic Wolf, a cybersecurity firm specializing in managed security services. The company is set to receive $160 million in ...

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 ...

The Cylance acquisition was meant to help the company diversify. As things stand, that project didn’t turn out well. Still, all is not lost for BlackBerry. By getting rid of the asset and taking ...

If Cylance is still generating $189 million or so annually (as reported in 2021), the valuation of the sale might be 0.8 times sales. If Cylance generates the bulk of BlackBerry's sales today ...

BlackBerry has consistently delivered some of the best smartphones in the market, with a focus on innovation, performance, and affordability. Their range of new smartphones showcases their commitment ...

Shares of BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts Financials TSX:BB) are leading the TSX this morning as the company announced it had found a buyer for its troubled Cylance unit.