Minnesota-based Arctic Wolf, a cybersecurity operations firm, announced an agreement Monday to acquire BlackBerry’s Cylance business for $160 million, a stark drop from the $1.4 billion BlackBerry initially paid to acquire the startup in 2018. Arctic Wolf is integrating Cylance’s AI-powered endpoint security technology into its platform to broaden its security solutions. With this acquisition, Arctic Wolf plans to bolster its presence in the competitive cybersecurity market, leveraging Cylance’s technology. It marks Arctic Wolf’s sixth acquisition to date, enhancing its portfolio with previous acquisitions such as RootSecure and Tetra Defense. https://lnkd.in/ewc_RpCn
