BlackBerry Completes Acquisition of Cylance

BlackBerry Limited (NYSE: BB; TSX: BB) today completed its previously-announced acquisition of Cylance, a privately-held artificial intelligence and cybersecurity company based in Irvine, California. "Today BlackBerry took a giant step forward toward our goal of being the world's largest and most trusted AI-cybersecurity company," said John Chen, Executive Chairman and CEO, BlackBerry. "Securing endpoints and the data that flows between them is absolutely critical in today's hyperconnected world. By adding Cylance's technology to our arsenal of cybersecurity solutions we will help enterprises intelligently connect, protect and build secure endpoints that users can trust." Cylance's machine learning and artificial intelligence technology is a strategic addition to BlackBerry's end-to-end secure communications portfolio.