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BlackBerry Buys Cybersecurity Firm Cylance For $1.4 Billion (securityweek.com)
wiredmikey shares a report from SecurityWeek: BlackBerry on Friday announced that it has agreed to acquire endpoint security firm Cylance for $1.4 billion in cash. "We plan on immediately expanding the capabilities across BlackBerry's 'chip-to-edge' portfolio, including QNX, our safety-certified embedded OS that is deployed in more than 120 million vehicles, robot dogs, medical devices, and more," a BlackBerry company spokesperson told SecurityWeek. "Over time, we plan to integrate Cylance technology with our Spark platform, which is at the center of our strategy to ensure data flowing between endpoints (in a car, business, or smart city) is secured, private, and trusted." Cylance has raised roughly $300 million in funding [prior being acquired]. BlackBerry describes the "Spark platform" as a secure chip-to-edge communications platform "designed for ultra-security and industry-specific safety-certifications, such as ISO 26262 in automobiles."
Cylance is a collection of top shelf niche software products.
Blackbery thinks these all neatly fit in to their platform and they are so confident they put their own money behind it.
Not only is that risky for Blackberry, it is a waste of Cylance's software that BB doesn't need or want to use.
This is why blackberry hasn't been the market leader in a long time. Better would be a kind of joint venture/partnership. It would be a lot easier to finance.
Seriously, even the gov't and big corps don't use their stuff anymore.
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https://www.youtube.com/watch?...
- In Soviet Korea, only old people loose all their bases to Natalie Portman's petrified hot grits overlords.
The one phone that will NOT have Facebook on it. Just my outgoing calls, and voicemail. Maybe just Firefox, but my laptop ought to cover any surfing, maps, or video needs. Porsche Design, if I could.
can they make a phone?
was a blackberry loyalist, and i shook my head with everything they did.
They are now effectively a patent troll.
RIM was a huge endorser of Hillary Clinton. She would have mandated all Gov use Blackberries exclusively all while having a back door. In fact, the CEO explicitly stated all devices should have them.
RIM is evil, avoid them!
Canadian Technology! (raises fist with blackberry in hand)
... I bought a security light for my carport.
It little behooves the best of us to comment on the rest of us.
Come on, by this time Criminal XYZ Officers should have looted the coffers completely. It goes without saying they were incompetent in managing the company. Comes as a surprise they were incompetent in looting the company and lining their own pockets.
sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
Jesus, the thing is a pain in the ass. False positives out the wazoo, and performance sucks. For every false positive, we are expected to create a "ticket" and they will create exceptions for us. The problem is that there are a lot of them.
If you have driven a car lately it probably has BlackBerry's Qnx in the infotainment system. It is used in Audi, BMW, Ford, GM, Honda, Hyundai, Jaguar Land Rover, KIA, Maserati, Mercedes-Benz, Porsche, Toyota, and Volkswagen.
Taking a page from IBM, Blackberry tries to buy their way to relevancy.
They have had over 3 billion in CASH for, like, forever. That's not even counting IP and other assets. They're not, and have never been, as dead as people imply. They don't only sell smartphones, they have continued to far outsell anyone else in the MDM market, even before they bought their next biggest competitor a few years back.