Rumor: BlackBerry Plans to Acquire CYLANCE

BlackBerry wants to extend their cyber security offerings and they might have found the next step.

According to the Business Insider magazine, BlackBerry plans to expand its cyber-solution offerings when it buys California-based Cylance, which reportedly costs $ 1.5 billion, but of course there is no official approval. And the final terms will be disclosed when it be official.

Cylance now has more than 4,000 customers with revenues of $130 million (Annual)  in fiscal 2018, a 90% growth( year over year) for the small company. Among the company’s customers are Panasonic, WWE and others, where the company holds 20% of the prestigious Fortune 500 companies.

We will continue to report this surprising purchase. You can watch a video of Cylance.

You can also check Cylance website.

Roy Shpitalnik

lived the life of a BlackBerry since 2009 so I was first exposed to 8900. With Israeli cellular world history, training and knowledge for more on BlackBerry, I decided to join the community. When the Media bash BlackBerry on regular basis i decided to Join BerryIL.COM. The true must be published. Contact me on Twitter : @SimpleBerryRoy