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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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TORONTO — BlackBerry Ltd. has signed a deal to sell its Cylance security business to Arctic Wolf. Cylance uses artificial intelligence to help users detect malware and prevent cyberattacks. Under the ...
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.
BlackBerry shares jumped Monday after the company agreed to sell its Cylance endpoint security assets to Arctic Wolf for a fraction of their original price. Shares traded over 15% higher at 4.41 ...
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 ...