Blackberry to Buy Cylance

Blackberry has announced that will acquire Cylance for $1.4 billion. Cylance uses artificial intelligence and machine learning to analyze and detect security threats. It will become part of the Blackberry Spark platform designed and built for secure hyper-connectivity.

“We believe that adding Cylance’s capabilities to our trusted advantages in privacy, secure mobility, and embedded systems will make Blackberry Spark indispensable to realizing the internet of things” said Blackberry CEO, John Chen. For more information on Blackberry, the Cylance acquisition and Blackberry Spark, please visit https://ca.blackberry.com