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8 Things You Need To Know About The $1.4B BlackBerry-Cylance Deal

Here's a look at ten of the biggest reasons BlackBerry and Cylance came together to form a $1 billion software and services firm with deep expertise in cybersecurity.

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Joined At The Altar

The first major next-generation endpoint security vendor to be acquired wasn't scooped up by a private equity firm or legacy anti-virus company, but rather a once-prominent smartphone and tablet manufacturer that's trying to reinvent itself in the Enterprise of Things and embedded systems spaces.

Waterloo, Ontario-based BlackBerry announced plans Friday to purchase 900-person Cylance for $1.4 billion just five months after the Irvine, Calif.-based cybersecurity startup hauled in $120 million of Series E funding.

The deal interrupted Cylance's plan to pursue an IPO, and instead means the company will operate as a standalone division attempting to bring prevention of known and unknown threats on the endpoints into non-conventional settings such as autonomous vehicles.

From technology synergies to Cylance's growth trajectory to the impact on channel partners, here's a look at the 10 most interesting components of the BlackBerry-Cylance deal.

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