• It's official - BlackBerry is buying cybersecurity firm Cylance for $1.4 billion

    25 days ago - By Business Insider

    Canadian software maker BlackBerry said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash. Business Insider first reported the acquisition talks in early November.
    Besides the cash component, the deal includes the assumption of Cylance's unvested employee incentives, BlackBerry said.
    Cylance will operate as a separate business unit within BlackBerry, the company said.
    Cylance, based in Irvine, California, develops artificial-intelligence-based products to protect companies from cyberattacks. It has raised $327 million in...
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  • ​BlackBerry is buying AI-powered security company Cylance for $1.4bn

    ​BlackBerry is buying AI-powered security company Cylance for $1.4bn

    25 days ago - By ZDnet

    The security and IoT software maker will use AI and machine learning capabilities across the BlackBerry portfolio.
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  • BlackBerry buys AI cybersecurity outfit Cylance in 'biggest ever' acquisition

    BlackBerry buys AI cybersecurity outfit Cylance in 'biggest ever' acquisition

    25 days ago - By The Inquirer

    Firm moves to bolster its Spark EoT and QNX platforms
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  • BlackBerry signs $1.4bn AI cybersecurity deal

    BlackBerry signs $1.4bn AI cybersecurity deal

    25 days ago - By TechRadar

    BlackBerry has revealed a $1.4bn deal to acquire AI security firm Cylance. The purchase, the company's largest to date, will help BlackBerry to boost its cybersecurity capabilities , particularly in its Spark and QNX divisions - the latter of which provides the software used in many connected cars on the road today. Cylance uses high-end AI and machine learning to help companies protect themselves from attack, with its models and algorithms able to predict and prevent both known and unknown threats. The company currently has around 3,500 active enterprise customers, including more than 20...
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