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.

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 ...

Here's a look at ten of the biggest reasons BlackBerry and Cylance came together to form a $1 billion software and services firm with deep expertise in cybersecurity. The first major next ...

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.

BlackBerry (BB) announced this week the sale of its Cylance endpoint security assets to Arctic Wolf for $160M of cash and ~5.5M common shares of Arctic Wolf. Analysts at financial services firm ...

The fourth-quarter revenue was $142 million (-7% Y/Y ex Cylance), above consensus at $133 million. All three revenue lines slightly beat expectations. Also Read: BlackBerry Growth Hinges On IoT ...

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 — 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.