BlackBerry Limited BB has sold its Cylance endpoint security assets to Arctic Wolf. On Dec. 15, 2024, BlackBerry and Arctic Wolf, a global leader in security operations helping customers manage cyber risks with its advanced cloud-native security platform,

Arctic Wolf completed its acquisition of Cylance Tuesday, saying that it’s adding 400 employees in the deal with BlackBerry along with acquiring Cylance’s endpoint security technology.

A global cybersecurity firm has expanded with a software deal. Arctic Wolf has bought BlackBerry’s Cylance endpoint security assets. Bosses say the… | North East | Technology | National | Business Gro

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

WATERLOO, ON and EDEN PRAIRIE, MN - Arctic Wolf Networks and BlackBerry Limited (NYSE:BB)(TSX:BB) have announced the completion of Arctic Wolf's acquisition of BlackBerry's Cylance endpoint security assets.