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Privately owned Cylance uses machine learning to preempt security breaches before they occur.
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Cylance will continue to operate as a separate business unit after the deal closes, BlackBerry said.
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Shane Shook, chief knowledge officer at cybersecurity services company Cylance Inc, suggested the private sector should organize information sharing itself.
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Cylance CEO and founder Stuart McClure said his company plans to announce its first products next year, which will include technology from Ridgeway.
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Cylance, which has over 3,500 active enterprise customers, had been considering filing for a stock market floatation, according to a report in Business Insider.