Insiders explain why BlackBerry’s $1.4 billion acquisition of Cylance could be the last endpoint security deal of its size (BB)

• BlackBerry’s $1.4 billion Cylance acquisition, announced on Friday, came after tough negotiations, sources told Business Insider.
• Cylance was weighing an initial public offering and had its heart set on a higher valuation, but BlackBerry CEO John Chen was committed to spending less, sources said.
• But not everyone thinks Cylance would have thrived on the public markets.
• Cybersecurity investor Yoav Leitesdorf said he thinks endpoint security is a dead-end, and Cylance may have crumbled against the competition if it was a standalone company. And it may still under BlackBerry.

BlackBerry‘s $1.4 billion acquisition of Cylance marks a major milestone for the $5 billion read more >>>

Source:: BusinessInsider.Com