BlackBerry bolsters its IoT security position with $1.4 billion Cylance acquisition

BlackBerry has acquired Cylance for $1.4 billion in a move to bolster security for its BlackBerry Spark “Enterprise of Things” platform. Cylance’s artificial intelligence and machine learning technology will help predict and prevent security breaches in healthcare networks. This acquisition reflects the increasing importance of robust security measures for mobile and connected Internet of Things devices in the healthcare industry.