"What we are good at is financial, government and healthcare verticals ... the one area that I think will have a strong influence (from the deal) is in transportation," BlackBerry's Chief Executive Officer John Chen said on a media conference call.
Under Chen, BlackBerry, which dominated the smartphone market a decade ago, has shifted to selling software to manage mobile devices, as well as areas such as driverless cars.
The company's QNX software allows carmakers to offer a range of features such as infotainment, connectivity, in-car network security, advanced driver assistance system and over-the-air software update platform.
Privately owned Cylance's software will complement BlackBerry's software as it uses machine learning to preempt security breaches.
QNX is currently being used by a clutch of companies developing driverless technologies such as automakers Ford Motor and Tata Motors' Jaguar Cars, as well as technology firms such as Baidu and Nvidia .
About 120 million cars are using BlackBerry's technology, particularly QNX, Chen said on Friday.
Revenue from BlackBerry's Technology Solutions segment, which includes QNX, jumped nearly 29% to $49 million in the latest quarter.
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