Cylance sales. 4 billion and now it has agreed to sell the EDR vendor to Arctic Wolf for a fraction of the price. Dec 16, 2024 · Arctic Wolf has acquired Cylance, BlackBerry's cybersecurity business, for $160 million — marking a major write-down for the latter firm. BlackBerry will get ~$80 million at Dec 17, 2024 · Waterloo, Ont. Dec 21, 2024 · BlackBerry's divestiture of Cylance assets points to revenue struggles in cybersecurity. Cylance functioned as a standalone business unit for BlackBerry, but its tech was built into the company’s existing platforms. Dec 16, 2024 · BlackBerry’s beleaguered cybersecurity business, Cyclance, has been acquired by Arctic Wolf for $160 million. Arctic Wolf provides managed detection and response services and the deal gives it access to/telemetry directly from the secured endpoint. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million in cash. Dec 21, 2024 · While the financial details of the deal remain undisclosed, the sale is expected to be finalized in early 2025. Cylance Sale On February 3, 2025, the Company completed the sale of its Cylance endpoint security assets and related liabilities to Arctic Wolf Network, Inc. kflmfi gtpdq fjia pxs cbpsszd qix aeh rmza sqeu ttuqy