Privately owned Cylance's software will complement BlackBerry's software as it uses machine learning to preempt security breaches.
The deal is the largest acquisition BlackBerry has made and is expected to close in February 2019.
The Canadian technology company, which dominated the smartphone market a decade ago, has shifted to selling software to manage mobile devices in addition to focusing on emerging areas like autonomous cars.
Cylance co-founder, chairman and CEO Stuart McClure noted that the security vendor has been a 100 percent channel company "since day one" and that today's news will give its partners the opportunity to sell "even more and sell deeper and sell broader".
"Our highly skilled cybersecurity workforce and market leadership in next-generation endpoint solutions will be a flawless fit within BlackBerry where our customers, teams and technologies will gain immediate benefits from BlackBerry's global reach", McClure wrote in a statement. Cylance's advanced and lightweight agent resides on the endpoint, operates both online and off, and requires very little memory and power to function.
Exclusive Cylance utilizes machine figuring out how to acquire security breaks before they happen.
The company now has around 3,500 active enterprise customers, including more than 20 per cent of the Fortune 500, giving BlackBerry access to more top-end organisations across the business world. The Canadian company also recently launched BlackBerry Spark, a platform created to provide "kernel to edge" security for Internet of Things devices used by enterprises.
"BlackBerry, out of necessity, has had to make a pretty big pivot to something other than their legacy mobile device business, and a big part of that something is their Spark platform for embedded systems", he said. US- listed offers of Blackberry were insignificantly up in light pre-market trading.
BlackBerry Spark enables organizations to comply with stringent multi-national regulatory requirements, and leverages 256-bit encryption to ensure that data is always protected.
It is being reported that the reception which will be held on December 1 will see nearly entire B-town in attendance. Pictures of newlyweds Deepika Padukone and Ranveer Singh have gradually started trickling in on social media.
President Donald Trump departed Washington, D.C., for California on Saturday morning to see the wildfire damage first-hand. Dozens of people have died as a result of the Camp Fire and more than 1,000 are missing or unaccounted for.
The new tournament will be the first ATP team competition since Dusseldorf's ATP World Team Cup which ended in 2012. The criteria for entry will be based on the ATP ranking of the number one singles player in the team.
Tony Blair, the former UK PM, has said a 2 referendum, the so called People's Vote, is the only way out of the current impasse. Disaffected "Brexiteers" believe they have the numbers required to trigger a challenge to May's leadership within days.
Further updates will be provided as soon as possible, ' said the Macau Grand Prix Organising Committee in a statement. Six people, including racers, photographers and a marshal, were injured in the crash and taken to hospital.
The umpire review system is being used for the first time in this tournament and this came to help Mandhana early in her innings. Like with the ball Perry starred with the ball too picking up three wickets in what was her 100th game for Australia.
Gaza's Hamas rulers fired hundreds of rockets at southern Israel, while Israeli warplanes targeted scores of targets in Gaza. There has always been speculation that Netanyahu would call a general election before its scheduled date of November 2019.
Just a day before the attack on Bourke Street , it's alleged Rogers broke into a CBD cafe and took $500 from the till. Mr Roger's lawyer Melinda Walker said her client had a chance to turn his life around.
I had initially heard in the spring of 2019 was the target as this device is well on its path to production. Microsoft is also said to be considering whether its 2020 Scarlett family will have a disc drive.
Death toll rises to 76 in California fire as Trump visits
As of Saturday, the fire that began on November 8 had consumed a record-breaking 231 square miles and was 55 percent contained. Some of those on the list may be fine but unaware they have been reported missing, or unable to call, authorities say.
Best Black Friday 2018 PS4 Bundles - Guide
If you are still looking to join the PlayStation family this Black Friday might be the ideal time to accept Sony's embrace. Note that the deal is only valid to USA addresses, so if you're in other regions you're better off with the PSN deal.
New Brexit secretary to focus on UK's readiness for exit
Mr McFadden said: "If she can not get the agreement through Parliament then I think we have to put the issue back to the people". Brexit supporters say the transitional deal risks leaving Britain subject to European Union rules for an indefinite period.
Pinnick Hails Buhari, Eagles On 2019 AFCON Ticket Feat
For both sides, securing maximum points will guarantee a berth in next year's edition of the Nations Cup in Cameroon. Perhaps if [Odion] Ighalo was here we could have scored more goals, but we are satisfied with this result.
Dutch delight in win over France, Germany relegated
France tried to play a waiting game, sitting back and hoping to launch speedy 19-year-old striker Kylian Mbappe on the break. Deschamps refused to use their absence as an excuse for his team's lackluster display.