BlackBerry's ambition to mix infosec and the Internet of Things has been squeezed, after the Canadian firm announced it is ...
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.
BlackBerry's divestiture of Cylance assets points to revenue struggles in cybersecurity. BB stock is trading below comparable ...
BlackBerry Ltd. MSFT-Q -0.51% has unloaded its most problematic business unit, Cylance, at a fraction of the US$1.4-billion ...
BlackBerry stock surged on profitable Q3 results & IoT growth. The sale of BlackBerry Cylance will strengthen the balance ...
For the quarter that ended on Nov. 30, BlackBerry reported adjusted earnings per share of two cents, up two cents from the ...
BlackBerry reported its first quarterly results since announcing the divestment of Cylance to Arctic Wolf earlier in December 2024. Fiscal third-quarter sales were $143 million, dipping 1% ...
BlackBerry’s announcement of the sale of its underperforming Cylance business within the Cybersecurity unit cheered investors, which led to a sharp 15% gain that day. The deal, valued at roughly ...
Analyst Kingsley Crane from Canaccord Genuity maintained a Hold rating on BlackBerry (BB – Research Report) and increased the price target to ...