BlackBerry Ltd
BB: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| f.& | LOCK|Fn | LOCK|!x<#%< |
BlackBerry: Cylance Divestment Shows Positive Strategic Focus; We Raise Our Valuation to USD 3.80
BlackBerry announced the sale of its Cylance endpoint security business to Arctic Wolf, a privately held cybersecurity firm. BlackBerry will receive USD 120 million in net cash from the sale and 5.5 million shares of Arctic Wolf. Management expects the deal to close in the next three months.
