BlackBerry to Buy Cybersecurity Firm Cylance for $1.4B

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This article was originally published on ETFTrends.com.

BlackBerry (BB) stated on Friday that it will acquire Cylance, an artificial intelligence (AI) and cybersecurity firm, for $1.4 billion, its largest acquisition to date. BlackBerry plans on using Cylance’s capabilities, which uses AI and machine learning to predict and prevent security threats, across its entire portfolio of services, including the QNX unit, which makes [...]

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