Blackberry Cylance buy shows its shift from smartphones to security

John Chen, Executive Chairman and CEO of BlackBerry Ltd, walks on the floor at the New York Stock Exchange (NYSE) in New York, October 16, 2018. 

Brendan McDermid | Reuters

John Chen, Executive Chairman and CEO of BlackBerry Ltd, walks on the floor at the New York Stock Exchange (NYSE) in New York, October 16, 2018. 

Blackberry’s $1.4 billion deal to acquire cybersecurity company Cylance cements the smartphone pioneer’s pivot to an exclusive focus on cybersecurity.

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