Blackberry expands into AI, buys Cylance for $1.4 billion

16 November, 2018 . 159 views


BlackBerry has revealed a $1.4bn deal to acquire AI security firm Cylance.

The purchase, the company's largest to date, will help BlackBerry to boost its cybersecurity capabilities, particularly in its Spark and QNX divisions - the latter of which provides the software used in many connected cars on the road today.

Cylance uses high-end AI and machine learning to help companies protect themselves from attack, with its models and algorithms able to predict and prevent both known and unknown threats.

The company currently has around 3,500 active enterprise customers, including more than 20 per cent of the Fortune 500, giving BlackBerry access to more top-end organisations across the business world.




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