TORONTO — BlackBerry Ltd. has signed a deal to sell its Cylance security business to Arctic Wolf. Cylance uses artificial intelligence to help users detect malware and prevent cyberattacks. Under the ...

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 agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and approximately 5.5 million common shares of ...

BlackBerry is selling its Cylance cybersecurity business. Arctic Wolf will pay $160 million over time to acquire it. BlackBerry appears to be selling the division off cheap, at a P/S ratio well ...

Shares of one-time smartphone leader BlackBerry (NYSE: BB) stock soared 16% through 11:40 a.m. ET Monday morning after the company announced it will sell its Cylance endpoint security assets to ...

WATERLOO, ON and EDEN PRAIRIE, MN / ACCESSWIRE / December 16, 2024 / Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today ...

BlackBerry Ltd. BB-T stock soared after the fallen Canadian technology pioneer announced it had unloaded a unit that had been expected to be the signature strategic purchase of its former chief ...

SPRITZER Bhd bestowed its ninth consecutive victory in the national beverage division’s water category at the World Branding Awards – Brand of the Year 2023. This esteemed accolade, given at the ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...