BlackBerry Sells Cylance AI to Arctic Wolf for $160M: The Shocking Deal Unveiled
Quick Summary
- BlackBerry has sold its Cylance AI security division to Arctic Wolf for $160 million in a game-changing deal.
- The acquisition includes cash payments, shares, and strategic opportunities for both companies. BlackBerry shifts focus to automotive and software innovations, while Arctic Wolf enhances its cybersecurity offerings with AI-powered tools.
- This move is set to transform the cybersecurity world, ensuring safer digital experiences for businesses and individuals alike.

BlackBerry, once famous for its phones, has decided to sell its Cylance AI security business to Arctic Wolf for a cool ₹1,330 crore (that’s $160 million in US dollars)! This move is like trading in your old toys for a shiny new one, but on a mega-corporate level.
The Deal Details
- Price Tag: The deal is set at $160 million, with ₹665 crore ($80 million) paid upfront when everything gets finalized, and another ₹332 crore ($40 million) coming a year later.
- What’s Being Sold: Cylance is all about using AI to keep computers safe from bad guys. Arctic Wolf is now the proud new owner of this smart security tech.
- Shares Included: Along with the cash, BlackBerry gets about 5.5 million shares of Arctic Wolf, making them part-owners in this new adventure.
Why This Switch?
- BlackBerry’s New Focus: BlackBerry has been moving away from making phones to being all about software, especially for cars and security. Selling Cylance lets them focus on what’s next.
- Arctic Wolf’s Gain: This company, which helps businesses stay safe online, gets to super-charge its services with Cylance’s AI smarts.
What Does This Mean?
- For BlackBerry: They bought Cylance for ₹9,315 crore ($1.4 billion) back in 2018. Selling it now for less shows they’re ready to try something new, like focusing more on making cars smarter.
- For Arctic Wolf: They’re now one of the big players in keeping internet stuff safe with this new AI tech, making their security even stronger.
Impact on the Cyber-Security World
- Better Protection: With Cylance’s AI, Arctic Wolf can help even more businesses fight off cyber-attacks, kind of like adding a superhero to your team.
- Innovation: This deal could lead to new ways of protecting our gadgets and information, making the internet a safer place for everyone.
Looking Ahead
- Next for BlackBerry: They’re not out of the security game; they’ll keep selling Cylance’s products to big government clients. Plus, they get to watch Arctic Wolf grow, thanks to their share ownership.
- Arctic Wolf’s Expansion: With this acquisition, Arctic Wolf is set to expand its reach, offering even better security solutions around the world.
This deal isn’t just about numbers; it’s about making the digital world safer. By merging Cylance’s AI with Arctic Wolf’s security services, we’re looking at a future where our computers can fight off bad guys even better. And for kids like you, this means the games, videos, and homework you do online might be a bit safer from those pesky hackers!
Share this post
Trending News
About Author

Rajat N
Web Designer and Digital Marketing Manager with 3+ years of experience at Vibrant Marketer. Skilled in crafting visually appealing and user-friendly websites. Also proficient in content writing and graphic design to enhance brand visibility.