Arctic Wolf to acquire Cylance from BlackBerry for $160m.

Arctic Wolf, a cyber security company, agreed to acquire Cylance, an American software firm, from BlackBerry, a provider of wireless devices and solutions, for $160m. “Security has an operations and effectiveness problem and endpoint solutions alone have failed to live up to the outcomes they have promised for years. By incorporating Cylance’s endpoint security capabilities into our open-XDR Aurora platform, we will be addressing a rampant need for a truly unified, effective security operations that delivers better outcomes for customers. We believe we will be able to rapidly eliminate alert fatigue, reduce total risk exposure, and help customers unlock further value with our warranty and insurability programs,” Nick Schneider, Arctic Wolf President and CEO.