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.

Cylance, one of the strongest recent success stories in the security market, has been hit by a round of layoffs, multiple sources close to the company told CRN. Sources said the majority of ...

As competition between Cylance and Symantec heats up, the startup has stolen away a top channel marketing executive from the legacy vendor, CRN has learned. Cylance appointed May Mitchell as vice ...

BlackBerry, once known for being a top cellphone maker, stopped making its own phones in 2016 as it struggled in the market amid heightened competition. In an effort to transform its operations, it ...

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

Nick Schneider, President and CEO of Arctic Wolf, highlighted the introduction of Aurora Endpoint Security as a pivotal advancement in endpoint protection adoption. The integration of Cylance's AI ...

The sale of Cylance's assets enhances BlackBerry's profit margins, allowing a stronger focus on its core Secure Communication business. BlackBerry's AI-based cybersecurity solutions and innovative ...

BlackBerry’s strong rally is fueled by a string of encouraging developments, including the sale of the underperforming Cylance unit and the rebranding of the IoT business. Since the announcement ...

The Cybersecurity segment includes the brand Cylance, BlackBerry Spark, AtHoc, and SecuSUITE. The IoT segment focuses on software licenses, support, maintenance, and professional services.

BlackBerry recently dumped an acquisition for a huge loss In 2018, BlackBerry announced plans to acquire artificial intelligence (AI) cybersecurity company Cylance for $1.4 billion. The move was ...