Cylance

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Arctic Wolf to acquire BlackBerry’s Cylance assets for $160 million

Security software provider Arctic Wolf has entered into a definitive agreement to acquire BlackBerry’s Cylance endpoint security assets for $160 million. Subject to customary closing conditions, the deal is expected to close in BlackBerry’s fourth fiscal quarter and will see the firm receive approximately $80 million in cash upon closure of the deal, with around $40 million to follow one…