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BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018
- Arctic Wolf has acquired Cylance, BlackBerry's cybersecurity business, for $160 million.
- BlackBerry had bought Cylance for $1.4 billion in 2018.
- Under the deal, BlackBerry will sell Cylance assets to Arctic Wolf for $160 million in cash.
- BlackBerry will receive around $80 million at closing and 5.5 million common shares in Arctic Wolf.
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