BlackBerry to buy AI cybersecurity company Cylance for $ 1.4 billion

BlackBerry has completed the acquisition of Cylance, a privately held artificial intelligence (AI) and cybersecurity company based in Irvine, California, valued at $ 1.4 billion.

BlackBerry Spark is getting a boost

The acquisition was first discussed in November 2018. Cylance’s machine learning and AI technology are used for BlackBerry’s end-to-end communications portfolio.

In particular, BlackBerry states that Cylance’s embeddable AI technology will be used for the development of …

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