WATERLOO, ON and EDEN PRAIRIE, MN - Arctic Wolf Networks and BlackBerry Limited (NYSE:BB)(TSX:BB) have announced the completion of Arctic Wolf’s acquisition of BlackBerry’s Cylance endpoint security assets. The transaction, which was finalized on a definitive agreement dated December 15, 2024, was successfully closed today.
John Giamatteo, CEO of BlackBerry, expressed satisfaction with the closure of this significant deal, emphasizing the ongoing partnership between the two companies. BlackBerry will continue to engage with Arctic Wolf as a customer and reseller, particularly to large government clients, and will remain a shareholder in the expanding company.
Nick Schneider, President and CEO of Arctic Wolf, highlighted the introduction of Aurora Endpoint Security as a pivotal advancement in endpoint protection adoption. The integration of Cylance’s AI-driven capabilities into the Aurora Platform, combined with one of the largest commercial security operations centers (SOCs), aims to enhance organizations’ defense against cyber threats.
Aurora Endpoint Security, part of Arctic Wolf’s portfolio, aims to extend AI-driven prevention and detection capabilities to endpoints. This solution leverages insights from over 10,000 customers and more than 7 trillion security observations weekly to combat advanced and emerging threats. The Aurora Endpoint Security suite includes Aurora Protect, Aurora Endpoint Defense, and both on-demand and managed endpoint defense services.
BlackBerry is known for providing intelligent software and services to enterprises and governments, with a focus on safety, security, and reliability. Arctic Wolf, a global leader in security operations, offers a cloud-native security operations platform that ingests and analyzes vast amounts of security events to help manage cyber risk.
The acquisition of Cylance’s assets by Arctic Wolf is expected to fortify Arctic Wolf’s position in the cybersecurity landscape, enhancing their ability to provide automated threat protection and response. This information is based on a press release statement.
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