Arctic Wolf has acquired Cylance, BlackBerry's cybersecurity business, for $160 million — marking a major write-down for the latter firm.
Just as important, BlackBerry expects margins will expand to 27 per cent in fiscal 2027, compared with an estimated 17 per ...
BlackBerry is a highly contentious stock, and I've been bearish on it for a long time. Read why I now upgrade BB stock from ...
BlackBerry Limited BB recently inked a definitive agreement to sell its Cylance endpoint security assets to Arctic Wolf. Following the divesture announcement, BB’s shares jumped 15% and closed ...
BlackBerry's divestiture of its Cylance assets highlighted ongoing revenue struggles and failed growth initiatives in cybersecurity. BlackBerry's revenue forecast was weak, with analysts still ...
RBC analyst Paul Treiber says that QNX is now the most important part of BlackBerry and a name change might reflect that.
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 ...
BlackBerry Limited’s BB shares have rallied 68.5%, significantly outpacing the industry’s and the S&P 500 composite’s growth ...
BlackBerry announced the sale of its Cylance endpoint security business to Arctic Wolf, a privately held cybersecurity firm. BlackBerry will receive USD 120 million in net cash from the sale and 5 ...
BlackBerry Limited’s BB shares have rallied 47.1% in the past month, significantly outpacing the industry’s growth of 0.8% ...
Arctic Wolf Networks Inc., a heavily funded cybersecurity startup, today announced plans to acquire BlackBerry Ltd.’s Cylance unit. BlackBerry will receive $160 million in cash and 5.5 million ...
Blackberry is selling its AI-powered cybersecurity platform Cylance to Arctic Wolf, a cybersecurity firm specializing in managed security services. The company is set to receive $160 million in ...