BlackBerry Completes Sale of Cylance Endpoint to Arctic Wolf

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, signed a definitive agreement.BB’s shares are up 2% in the pre-market trading session on Feb. 4.The deal, valued at roughly $160 million, includes cash considerations and Arctic Wolf’s common shares. Per the terms of the agreement, following purchase pri ...