1.4B Archives - techno.express

$BlackBerry sells Cylance for 0M, a fraction of the .4B it paid in 2018$

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

by Kyle Wiggers
December 16, 2024
I.T. Today
3 min read

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which…

AI data security startup Cyera confirms 0M raise at a .4B valuation

AI data security startup Cyera confirms $300M raise at a $1.4B valuation

by Ingrid Lunden
April 9, 2024
I.T. Today
6 min read

Artificial intelligence continues to be a big threat, but it’s also a huge promise in the world of cybersecurity. Today, one of the startups tackling both the opportunity and the challenge is announcing a major…