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BlackBerryTechCrunch
•84% Informative
BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million in cash.
BlackBerry will get $80 million at closing and the rest of the tranche a year later , along with roughly 5.5 million common shares in Arctic Wolf .
BlackBerry CEO John Giammatteo calls the deal a "win-win for our shareholders and all other stakeholders".
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