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Arctic Wolf and BlackBerry Announce Closing of Acquisition for Cylance

1. Arctic Wolf acquires BlackBerry's Cylance assets, closing the deal on February 3, 2025.

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FAQ

Why Neutral?

The acquisition doesn't directly affect BB's core products or revenue streams. Similar acquisitions have had mixed effects on stock performance.

How important is it?

While the acquisition impacts BB's asset portfolio, it doesn’t significantly alter overall business outlook.

Why No Impact?

This event has limited immediate financial implications for BB's main operations. Past acquisitions in the security sector showed temporary stock price stability.

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WATERLOO, ON and EDEN PRAIRIE, MN / ACCESS Newswire / February 3, 2025 / 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.

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