BlackBerry to Acquire Cylance for $1.4 Billion in Cash
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BlackBerry to Acquire Cylance for $1.4 Billion in Cash
BlackBerry on Friday announced that it has agreed to acquire next-generation endpoint security firm Cylance for US $1.4 billion in cash.
In addition to the cash payment, BlackBerry will assume unvested Cylance employee incentive awards. The deal is expected to close before the end of BlackBerry’s current fiscal year (February 2019), and Cylance will operate as a separate business unit within BlackBerry.
At risk of editorialising, where in the world did BlackBerry get $1.4 billion? Even governments have largely stopped using their hardware and most of their software. I know they have some niche areas in email still, but enough to raise that kind of capital? Perhaps Alicia Keys was able to secure some financing before they dumped her for the stupid stunt she was? In all honesty, I thought they went bankrupt, they were so good at making all the wrong decisions.
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Damn, where are they making their profits from?
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@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
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From their website, they are in the business of cyber security related services.
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@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
From their website, they are in the business of cyber security related services.
That could easily be the acquisition though, the question is what did they do before that? When it comes to cyber security, I don't recall "BlackBerry" ever being a name uttered by anyone.
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@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
Might be left over cash reserves.
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@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
I imagine cartels using things like pagers and Blackberries for some reason.
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@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
From their website, they are in the business of cyber security related services.
Cylance? Yes, we've got several of their senior people around in the community, in an unofficial capacity.
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@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
From their website, they are in the business of cyber security related services.
That could easily be the acquisition though, the question is what did they do before that? When it comes to cyber security, I don't recall "BlackBerry" ever being a name uttered by anyone.
It's been part of their marketing, but not part of what they really did.
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@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
I imagine cartels using things like pagers and Blackberries for some reason.
They do here. Even fly to Mexico to get them apparently.
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@nadnerB said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
I imagine cartels using things like pagers and Blackberries for some reason.
They do here. Even fly to Mexico to get them apparently.
They have tunnels for those things
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@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@nadnerB said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
I imagine cartels using things like pagers and Blackberries for some reason.
They do here. Even fly to Mexico to get them apparently.
They have tunnels for those things
Rather long tunnel from here.
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@nadnerB said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@nadnerB said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@scottalanmiller said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@tonyshowoff said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
@black3dynamite said in BlackBerry to Acquire Cylance for $1.4 Billion in Cash:
Damn, where are they making their profits from?
My guess is likely some sort of drug trafficking empire.
I imagine cartels using things like pagers and Blackberries for some reason.
They do here. Even fly to Mexico to get them apparently.
They have tunnels for those things
Rather long tunnel from here.
They are prepared to go around the wall.
