BlackBerry Acquires AI-Based Security Management SaaS Specialist Cylance to Realize the Enterprise of Things

"BlackBerry hands over $1.4bn in cash for endpoint security provider Cylance. The acquirer has made a shift from mobile devices to enterprise software and services, with a strong focus on cybersecurity. As tracked by 451 Research’s M&A Knowledge Base, this is BlackBerry’s largest deal to date, and further illustrates the changing dynamic of the endpoint market in general, with enterprises seeing usage – and threats – growing both in terms of mobile devices and traditional endpoints. Blackberry plans to use Cylance’s machine-learning-infused technology to support its broader ‘Enterprise of Things’ vision." 451 QuickTake.