Arctic Wolf and BlackBerry Announce Closing of Acquisition for Cylance

Acquisitions

Summary

“We are pleased to have successfully closed this pivotal transaction for BlackBerry and look forward to continuing our relationship with Arctic Wolf as a customer, as a reseller of the portfolio to our large government customers, and as a shareholder of this dynamic, growing company,” said John Giamatteo, chief executive officer of BlackBerry. "By integrating Cylance’s advanced AI-driven capabilities into the Aurora Platform, and combined with the expertise of one of the world’s largest commercial security operations centers (SOCs), Arctic Wolf’s Aurora Endpoint Security offerings help organizations reduce risk exposure with better prevention and threat detection, eliminate alert fatigue and false positives, and build stronger, more resilient defenses.” Aurora Endpoint Security is Arctic Wolf’s portfolio of advanced endpoint protection solutions, designed to extend AI-driven prevention and detection capabilities directly to the endpoint. Learn more about Aurora Endpoint Security in a blog post from Arctic Wolf’s President and CEO, Nick Schneider. Based in Waterloo, Ontario, the company’s high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. The Arctic Wolf Aurora Platform ingests and analyzes more than 7 trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience.

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Enterprise Software Cybersecurity Software Embedded Software

Linked Companies

BlackBerry Limited
$500M to $1B