Cellebrite has struck a deal to acquire Corellium, a company renowned for its cutting-edge software that allows users to create virtual versions of smartphones. With a price tag of $200 million, this acquisition aims to bolster Cellebrite’s capabilities in providing law enforcement with advanced forensic tools essential for unlocking and extracting data from seized mobile devices. Chris Wade, Corellium’s founder, will transition into the role of chief technology officer at Cellebrite.
Key Points
- Cellebrite acquires Corellium for $200 million, enhancing forensic capabilities.
- The deal comprises $150 million in cash and additional performance milestones.
- Corellium’s software allows virtual device creation, aiding security researchers and law enforcement.
- Wade will now serve as CTO at Cellebrite, a well-established player in phone forensics.
- The merger aims to provide law enforcement with improved tools to extract crucial evidence from mobile devices.
- New beta product, Mirror, allows police to create virtual versions of seized devices for better evidence presentation.
Why should I read this?
If you’re curious about how tech and law enforcement intersect, this article serves up a hot topic. The acquisition of Corellium by Cellebrite is a game-changer, as it gives police unprecedented capabilities to extract data from locked devices. It’s not just about the numbers; it’s about the real-world implications of tech on justice and surveillance, making it a must-read for anyone interested in the evolving landscape of cybersecurity and investigations.