Arctic Wolf has acquired Cylance, BlackBerry's beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018.
Arctic Wolf to enhance its Security Operations Aurora Platform with best-in-class endpoint prevention, detection, and response WATERLOO, ON and EDEN PRAIRIE, MN / ACCESSWIRE / December 16, 2024 / Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today announced they have entered into a definitive agreement for Arctic Wolf to acquire BlackBerry's Cylance® endpoint security assets. Cylance is the pioneer of AI-based endpoint protection trusted by thousands of organizations around the world.
BB's third-quarter performance is likely to have gained from higher revenues from royalties. Weakness in development seat revenues is a concern.
BlackBerry Limited's shift to IoT and Cybersecurity shows promise, but the business model lacks excitement despite recent signs of reaching bottom. The upcoming FQ3 results are crucial to prove growth ahead, with the QNX business showing potential but still relatively small. Cybersecurity growth is modest, and the market struggles to grasp BlackBerry's diverse product offerings and investment story.
The latest trading day saw BlackBerry (BB) settling at $2.76, representing a -0.72% change from its previous close.
BlackBerry (BB) closed the most recent trading day at $2.78, moving -1.42% from the previous trading session.
Developers can now easily manage complex software workloads using pre-determined runtime scheduling capabilities WATERLOO, ON / ACCESSWIRE / December 10, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) and TTTech Auto today announced a solution that addresses the growing complexities automotive developers are facing as the industry doubles down on its push towards Software Defined Vehicles (SDVs). MotionWise Schedule for QNX® Software Development Platform (SDP) 8.0 accelerates software development for automakers building SDVs and helps to enable the safe, real-time execution of applications running on QNX® SDP 8.
WATERLOO, ON / ACCESSWIRE / December 5, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) will report results for the third quarter of fiscal year 2025 at 5:30 p.m. ET on Thursday, December 19, 2024.
The latest trading day saw BlackBerry (BB) settling at $2.56, representing a -0.39% change from its previous close.
In the closing of the recent trading day, BlackBerry (BB) stood at $2.57, denoting no change from the preceding trading day.
Once approved, BlackBerry AtHoc will be the first critical event management solution to achieve FedRAMP High Authorization WATERLOO, ON / ACCESSWIRE / November 21, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that BlackBerry AtHoc® is listed as "In Process" to achieve Federal Risk and Authorization Management Program (FedRAMP) High Authorization status from the Joint Authorization Board (JAB). Once approved, BlackBerry AtHoc will be the first critical event management (CEM) solution to be authorized for FedRAMP High.
BlackBerry (BB) reachead $2.35 at the closing of the latest trading day, reflecting a -1.67% change compared to its last close.