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

Image for article BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018 | TechCrunch
News Source : TechCrunch

News Summary

  • Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business
  • The deal is a significant discount from the $1
  • 4 billion BlackBerry paid to acquire the startup in 2018
  • BlackBerry CEO John Giammatteo: “We see this transaction as a win-win for our shareholders
Arctic Wolf has acquired Cylance, BlackBerrys beleaguered cybersecurity business, for $160 million a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Unde [+3467 chars]

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