Fresh attempt to mix the perfect cocktail of IoT and Infosec
BlackBerry's ambition to mix infosec and the Internet of Things has been squeezed, after the Canadian firm announced it is offloading Cylance's endpoint security products.for $1.4 billion – at the time its largest-ever acquisition. Then-CEO John Chen hailed the purchase as complementary to BlackBerry's endpoint management and QNX embedded OS businesses.
The new owner of Cylance's endpoint products is Arctic Wolf which, like Cylance, claims to make cyber-defense products potent by infusing them with AI that detects and repels threats. Arctic Wolf will pay $80 million once the deal closes, $40 million around a year later, and chip in 5.5 million worth of shares too.
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