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BlackBerry to acquire Cylance for US $1.4 billion in cash

BlackBerry has announced its entering into a definitive agreement to wholly acquire Cylance for US $1.4 billion in cash, plus the assumption of unvested employee incentive awards. Pending regulatory approvals and other customary closing conditions, the deal is expected to close prior to the end of BlackBerry’s current fiscal year (February 2019). John Chen, Executive Chairman and CEO of BlackBerry, says, “Cylance’s leadership in artificial intelligence and Cyber security will immediately complement our entire portfolio, UEM and QNX in particular. We are very excited to onboard their team and leverage our newly combined expertise. We believe adding Cylance’s capabilities to our trusted advantages in privacy, secure mobility, and embedded systems will make BlackBerry Spark indispensable to realizing the Enterprise of Things.” Cylance is a pioneer in applying artificial intelligence, algorithmic science, and machine learning to cyber security software that has proven highly ...

GoDB Tech, Intel launches “Project Darpan”

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE GoDB Tech and Intel have launched 'Project Darpan', a free, multilingual user interface (UI) initiative, to simplify the computing experience for the common man and thereby increase the PC usage in the Indian market. GoDB's Darpan user interface will provide graphical access to the internet and provide the consumer the comfort of accessing the relevant Indian content, in a simple manner. Project Darpan is a software application based on an intensive research study conducted by Intel to explore ways to improve usage of computing devices among masses. The research also touched to find out methods to remove fear of technology that prevent usage of internet and computing in India. The local language effort of Darpan will provide menus/ commands of Darpan application in 6 languages - English, Hindi, Marathi, Gujarati, Tamil, and Telugu. Mahavir Chand, Director, GoDB Tech, said, "The internet browsing experience is often limited ...