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Insiders explain why BlackBerry’s $1.4 billion acquisition of Cylance could be the last endpoint security deal of its size (BB)
| 11/17/2018 | Posted by BusinessMediaguide.Com under General World News |
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- 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
