---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-24-000149"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T02:45:42.406502+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BlackBerry sells Cylance endpoint security to Arctic Wolf for $160M cash and 5.5M shares

## Summary
- Arctic Wolf acquires BlackBerry’s Cylance endpoint security assets for $160M cash (subject to adjustments) plus 5.5M Arctic Wolf shares.
- BlackBerry to receive ~$80M cash at closing and ~$40M cash one year later; deal expected to close in BlackBerry’s Q4 fiscal quarter.
- BlackBerry will enter into patent license, reseller, and customer support agreements with Arctic Wolf; Secure Communications business unaffected.
- Cylance is an AI-based endpoint protection platform; Arctic Wolf to integrate into its Aurora platform for unified security operations.

## SEC filing metadata
- accession: 0001070235-24-000149
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000149/0001070235-24-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000149/bbry-20241215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-24-000149
- JSON: https://secwatch.observer/filing/0001070235-24-000149.json
- Plain text: https://secwatch.observer/filing/0001070235-24-000149.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.