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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