BlackBerry closes $80M+ sale of Cylance to Arctic Wolf; receives cash and shares

BLACKBERRY Ltd

Deal closed Feb 3, 2025; BlackBerry receives ~$80M cash and 5.5M Arctic Wolf shares at closing.
Additional ~$40M cash due on first anniversary of closing.
BlackBerry will continue as Arctic Wolf customer, reseller for government customers, and shareholder.
Arctic Wolf launches Aurora Endpoint Security, integrating Cylance AI-driven capabilities.

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