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 completed its $160 million Cylance acquisition deal with BlackBerry, paving the way for the security operations platform provider to begin offering its own endpoint security product.

The Cylance acquisition was meant to help the company ... and/or the publisher may receive a commission from if you buy a product or service through those links.

Cylance has been on a growth tear recently, most recently landing $100 million in Series D funding in June. The company has seen 1,089 percent product billings growth and 785 percent customer ...

By integrating Cylance’s AI capabilities into its Aurora platform, the company aims to grow its presence in endpoint security ...

It's selling off Cylance, a company which was once seen as a key part of its long-term growth. BlackBerry, once known for being a top cellphone maker, stopped making its own phones in 2016 as it ...