02/22/2019 – Cylance: Blackberry Completes Acquisition of Cylance

 

Blackberry announced the finalized deal to bring together two of the most trusted names in cybersecurity. What does BlackBerry’s acquisition of Cylance means for customers, partners and the internet of things.

For the last 35 years BlackBerry has been enabling and securing communications, to the highest technology standards and without monetizing your data. As the internet of things sits on the precipice of revolutionizing how we live and work and the world faces a crisis of trust, they understand that what they do and the values they are built on are more important than ever before.

BlackBerry and Cylance share a common mission, to protect people and their data. In just six years Cylance has transformed how enterprises and consumers manage their cybersecurity risks, with the first machine-learning powered predictive endpoint security solution. The strength of the solution is well-illustrated by the millions of threats it has prevented and customer case studies, including one customer who after deployment of the solution saw their endpoint threat detection number drop from 30,000 to less than 10 a day.

As BlackBerry and Cylance combine technologies and teams, partners will have access to the most comprehensive, trusted and secure end-to-end IoT platform in the world. They look forward to the value partners will derive as Cylance’s Artificial Intelligence technologies integrates with all of the BlackBerry solutions that connect and protect their customers around the world today, including Unified Endpoint Management, Secure File Sharing, Advanced Enterprise Identity, Mass Communications and Collaboration and Secure Embedded OS.

Stuart McClure will lead the Cylance Business Unit, reporting directly to John Chen, BlackBerry Executive Chairman and CEO, and the business unit will be named BlackBerry Cylance. A consolidated company will strengthen their ability to bring you threat prevention, detection and response in a single solution, from embedded to edge, to usher in a new era for secure connectivity.

At BlackBerry and Cylance, we are motivated every day by our partners and the trust you place in us. Our dedication to maintaining and increasing our innovation momentum and service quality is firm. We look forward to keeping you updated on our progress as we proceed with the integration in earnest.

Feb, 22, 2019

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