Arctic Wolf Acquires Cylance from BlackBerry for $160 million

December 16, 2024

Arctic Wolf has agreed to acquire BlackBerry's Cylance endpoint security business for $160 million, paid in cash and approximately 5.5 million Arctic Wolf common shares. Arctic Wolf will integrate Cylance's AI-powered endpoint technology into its Aurora open-XDR platform to broaden capabilities and bolster its cybersecurity offerings; BlackBerry will remain involved as a reseller and shareholder.

Buyers
Arctic Wolf
Targets
Cylance
Sellers
BlackBerry
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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