WATERLOO, ON and EDEN PRAIRIE, MN, Feb 4, 2025 - (ACN Newswire) - Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today announced the successful closing of the acquisition of BlackBerry's Cylance® endpoint security assets by Arctic Wolf. The two companies entered into a definitive agreement on December 15, 2024. "We are pleased to have successfully closed this pivotal transaction for BlackBerry and look forward to continuing our relationship with Arctic Wolf as a customer, as a reseller of the portfolio to our large government customers, and as a shareholder of this dynamic, growing company," said John Giamatteo, chief executive officer of BlackBerry. "Today, the launch of Aurora Endpoint Security represents a transformative step in how organizations adopt endpoint protection," said Nick Schneider, president and chief executive officer of Arctic Wolf. "By integrating Cylance's advanced AI-driven capabilities into the Aurora Platform, and combined with the expertise of one of the world's largest commercial security operations centers (SOCs), Arctic Wolf's Aurora Endpoint Security offerings help organizations reduce risk exposure with better prevention and threat detection, eliminate alert fatigue and false positives, and build stronger, more resilient defenses."

Arctic Wolf has announced an agreement with BlackBerry to acquire the endpoint security assets of Cylance for US$160 million in cash and 5.5 million shares of Arctic Wolf stock.