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Blackberry may buy Cylance for as much as $1.5 Billion.
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<blockquote data-quote="Burrito" data-source="post: 776975" data-attributes="member: 72439"><p><a href="https://venturebeat.com/2018/11/16/blackberry-to-acquire-ai-powered-cybersecurity-startup-cylance-for-1-4-billion/" target="_blank">BlackBerry to acquire AI-powered cybersecurity startup Cylance for $1.4 billion</a></p><p></p><p style="margin-left: 20px"><em>The <a href="https://seekingalpha.com/article/4221656-can-blackberry-afford-1_5-billion-deal-cylance" target="_blank">rumors</a>, it seems, were true — BlackBerry is acquiring cybersecurity startup Cylance in an all-cash deal worth $1.4 billion.</em></p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px"><em>Founded in 2012 by CEO Stuart McClure, an entrepreneur who <a href="http://www.prnewswire.com/news-releases/mcafee-inc-to-acquire-foundstone-inc-for-86-million-in-cash-71628692.html" target="_blank">sold a previous cybersecurity firm to McAfee</a> for $86 million in 2004, Irvine, California-based Cylance is an endpoint protection platform designed to thwart advanced threats using artificial intelligence (AI). Its suite of security protocols inspects networks for weaknesses and shuts them down if detected, and it doesn’t require a “signature” from an existing threat to block it — it can spot new threats.</em></p><p></p><p>So it's a done deal.</p><p></p><p>So that's it. All my comped licenses will be taken away most likely.</p><p></p><p>The greatest security invention in the history of the internet will likely be taken from us... the consumer.</p><p></p><p>When I installed Cylance, not only did my computer become safer, a shield of protection was installed around my home and my being. That's how good it is.</p><p></p><p>BlackBerry's association with The Trilateral Commission, The Intelligence Community, The Illuminati and Vlad Putin is responsible for this abomination. They are also allegedly involved in UFO things.</p><p></p><p>It's over.</p></blockquote><p></p>
[QUOTE="Burrito, post: 776975, member: 72439"] [URL='https://venturebeat.com/2018/11/16/blackberry-to-acquire-ai-powered-cybersecurity-startup-cylance-for-1-4-billion/']BlackBerry to acquire AI-powered cybersecurity startup Cylance for $1.4 billion[/URL] [INDENT][I]The [URL='https://seekingalpha.com/article/4221656-can-blackberry-afford-1_5-billion-deal-cylance']rumors[/URL], it seems, were true — BlackBerry is acquiring cybersecurity startup Cylance in an all-cash deal worth $1.4 billion.[/I][/INDENT] [INDENT][/INDENT] [INDENT][I]Founded in 2012 by CEO Stuart McClure, an entrepreneur who [URL='http://www.prnewswire.com/news-releases/mcafee-inc-to-acquire-foundstone-inc-for-86-million-in-cash-71628692.html']sold a previous cybersecurity firm to McAfee[/URL] for $86 million in 2004, Irvine, California-based Cylance is an endpoint protection platform designed to thwart advanced threats using artificial intelligence (AI). Its suite of security protocols inspects networks for weaknesses and shuts them down if detected, and it doesn’t require a “signature” from an existing threat to block it — it can spot new threats.[/I][/INDENT] So it's a done deal. So that's it. All my comped licenses will be taken away most likely. The greatest security invention in the history of the internet will likely be taken from us... the consumer. When I installed Cylance, not only did my computer become safer, a shield of protection was installed around my home and my being. That's how good it is. BlackBerry's association with The Trilateral Commission, The Intelligence Community, The Illuminati and Vlad Putin is responsible for this abomination. They are also allegedly involved in UFO things. It's over. [/QUOTE]
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