Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018.

Arctic Wolf said Monday it will enhance its security operations platform with the planned acquisition of the “trailblazing” endpoint security tool Cylance from its owner, BlackBerry.

McClure is at least the eighth prominent Cylance executive to leave the endpoint security vendor in the seven months following the close of the $1.4 billion acquisition by BlackBerry. Cylance top ...

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.