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BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018
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Collecting Cyber-News from over 60 sources

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million, a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million […]

First seen on techcrunch.com

Jump to article: techcrunch.com/2024/12/16/blackberry-sells-cylance-for-160m-a-fraction-of-the-1-4b-it-paid-in-2018/

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