Cylance is in talks to be acquired by Blackberry in a $1.5bn deal that would enable Citi Ventures, Dell Ventures and Capital One Ventures to exit.
Mobility technology provider Blackberry has entered negotiations to acquire Cylance, a US-based cybersecurity software producer backed by corporates Citi, Capital One and Dell, for up to $1.5bn, Business Insider has reported.
A final deal could potentially be announced as early as this week, sources familiar with the matter told Reuters. The company has raised $297m in funding altogether, and was reported last month to be considering an initial public offering in early 2019.
Founded in 2012, Cylance provides endpoint security…
