BlackBerry Limited's fiscal Q4 report showed top and adjusted bottom line beats, but management gave disappointing guidance for the current year. The Cylance sale brought in some cash, but revenue ...
Recent years have been marked by divestments and reorganizations. Most prominently, BlackBerry sold its Cylance endpoint-security business in late 2024. BB sold Cylance to Arctic Wolf for $160 ...
BlackBerry — once a dominant force in the smartphone market — has transitioned into selling software for devices and autonomous vehicles and bought Cylance in 2019 for $1.4 billion.
BlackBerry said it completed the sale of the Cylance business, which uses machine learning to preempt security breaches, to Arctic Wolf for $160 million. The company sold the Cylance business to ...
BlackBerry attributed this in part to improved operating cash flow and to approximately $80 million received from the first tranche of cash from the Cylance sale. Related: BlackBerry swings to ...
BlackBerry completed the sale of its Cylance cybersecurity platform to Arctic Wolf in February. The company's total cash and investments increased by $144 million sequentially to $410 million.