Cylance

BlackBerry was best known for keyboard-totting smartphones, but their demise in recent years has seen the Canadian firm pivot towards enterprise services and in particular cybersecurity. That strategy takes a big step further forward today after BlackBerry announced the acquisition of AI-based cybersecurity company Cylance for a cool $1.4 billion. Business Insider reported that a deal was close last week, and that has proven true with BlackBerry paying the full amount in cash up front. The acquisition is BlackBerry’s  largest ever and it is set to close before February 2019 — the end of BlackBerry’s current financial year — and it will see Cylance operate as a separate business unit within BlackBerry’s business. The company plansRead More →