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Waterloo, Ont.-based BlackBerry has unloaded its Cylance cybersecurity business in a deal with Arctic Wolf. Cylance became a signature part of BlackBerry’s efforts to rebrand itself in the ...

Then-CEO John Chen hailed the purchase as complementary to BlackBerry's endpoint management and QNX embedded OS businesses. "We believe adding Cylance's capabilities to our trusted advantages in ...

The sale comes six years after BlackBerry purchased Cylance for $ ... “This innovation is designed to make a meaningful difference in how organisations combat cyber risk, elevating both ...

BlackBerry announced the sale of its Cylance ... distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. To further protect the integrity ...

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.

Approximately one year after closing, Arctic Wolf will make a final payment of $40 million. It's not 100% clear what Arctic Wolf will get in return. BlackBerry notes that it will be keeping its ...

Licensing & Other revenues are expected to be $4 million. Our proven model does not conclusively predict an earnings beat for BlackBerry this time around. The combination of a positive Earnings ...