Cellebrite to Acquire Corellium
7 days ago
- #Digital Forensics
- #Corporate Acquisition
- #Cybersecurity
- Cellebrite announces agreement to acquire Corellium for $170 million in cash, with potential additional $30 million based on performance milestones.
- The acquisition aims to set a new standard in digital investigations and security for smart devices, including iOS, Android, automotive systems, and Arm-based IoT devices.
- Benefits include accelerated mobile vulnerability identification, virtual device interaction, enhanced DevSecOps efficiency, and Arm-native mobile penetration testing.
- Corellium's technology will enhance Cellebrite's Digital Investigation Platform and extend its reach in both public and private sectors.
- Chris Wade, Corellium's founder and CTO, will join Cellebrite as CTO, emphasizing the forensic and non-altering exploration of devices.
- The deal is expected to close in summer 2025, pending approval from the Committee on Foreign Investment in the United States.
- Cellebrite is nearing the conclusion of its CEO search, with an announcement expected by mid-August 2025.
- Arm's SVP highlights the importance of Corellium's virtualization solutions for the security of pervasive Arm-based computing platforms.