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BlackBerry Buys Cylance to Boost IoT Security –
“We believe adding Cylance’s capabilities to our trusted advantages in privacy, secure mobility, and embedded systems will make BlackBerry Spark indispensable to realizing the Enterprise of Things,” he added.
BlackBerry said Cylance’s software “has proven highly effective at predicting and preventing known and unknown threats to fixed endpoints” and the company “generates highly recurring revenue from over 3,500 active enterprise customers, including more than 20% of the Fortune 500.”
“We are eager to leverage BlackBerry’s mobility and security strengths to adapt our advanced AI technology to deliver a single platform,” Cylance co-founder and CEO Stuart McClure said.
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