Tech Company M&A Transactions
Cylance Acquisition
Cylance was purchased by BlackBerry. The transaction was announced on 11/16/2018. BlackBerry disclosed that the acquisition price was $1.4 billion.
Transaction Overview
Company Name
Acquired By
Announced On
11/16/2018
Transaction Type
M&A
Amount
$1,400,000,000
M&A Terms
Privately owned Cylance uses machine learning to preempt security breaches before they occur. Its applications seek to block malware or infiltration attempts rather than react after a breach. The acquisition will be paid for with all cash.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
400 Spectrum Center Dr. 900
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
Protect your endpoints against advanced malware with the world's first antivirus built on artificial intelligence and machine learning.
Management Team
Title
Name
Email & Social
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