The largest such trade that the company has ever made.
Blackberry has announced that it has reached an agreement with Cylance Information and Internet Protection Company. The acquisition amounts to $ 1.4 billion.
What distinguishes young Cylance from other antivirus developers is that instead of relying on traditional threat detection methods as signature-based methods, their products use artificial intelligence and machine training to suppress them. The company notes that it has more than 3500 active clients and partners, including one of five Fortune 500 companies.
As you know, BlackBerry (formerly RIM) is no longer a brand phone maker, but it is a provider of security services and products that serve mobile devices and the spectrum of the Internet spectrum. "Cylance's leadership in Artificial Intelligence and Cyber Security will complement our entire portfolio, particularly UEM and QNX," said Jon Chen, CEO of BlackBerry.