Corellium - Experts & Thought Leaders

Cellebrite, a pioneer in AI-powered Digital Investigative and Intelligence solutions for the public and private sectors, announces it has substantially expanded its capabilities through the acquisition of Corellium, a pioneer in Arm-based virtualisation software. The addition of Corellium's technology and world-class technical talent further strengthens Cellebrite's market and technology leadership. Dramatically accelerating time This combination creates the industry's most complete digital investigation portfolio spanning physical device access, virtual device testing and real-time intelligence. The technology enables investigators, security researchers and intelligence professionals to work without physical device constraints while dramatically accelerating time to evidence and threat detection. The acquisition significantly expands the value of Cellebrite's AI-powered capabilities for a wide variety of customers. For example, defense and intelligence customers gain advanced virtualisation for secure mobile application development, operational testing and accelerated mobile vulnerability discovery. Enterprise development and security operations teams can more efficiently and effectively design and validate next-generation mobile applications, as well as IoT and automotive systems. Customer-focused innovation “We are thrilled to officially welcome the Corellium team to the Cellebrite family,” said Thomas E. Hogan, Cellebrite’s chief executive officer. “Since announcing our agreement to acquire Corellium several months ago, we have been overwhelmed by interest in Corellium’s solutions. We are eager to unleash the power of this combination. This acquisition is an important step forward for Cellebrite as we continue to raise the bar for how technology can better protect citizens, communities, businesses and nations.” With the closing of this transaction, Chris Wade, Corellium’s co-founder and chief technology officer, has joined the Cellebrite leadership team as chief technology officer. “Cellebrite was the ideal home for Corellium’s technology and people,” said Wade. “The breadth and depth of the technical talent and resources across Cellebrite are impressive and inspiring. I look forward to collaborating with my colleagues to accelerate customer-focused innovation and further advance the Company’s mission.” Relevant government agencies The Committee on Foreign Investment in the United States (CFIUS) has permitted the acquisition to close on the basis of a national security agreement negotiated with relevant government agencies and executed by Cellebrite and Corellium pending formal clearance by CFIUS and execution of that agreement by such agencies. “This combination addresses the full spectrum of our mobile security and forensics requirements in a way no other solution can, giving us an unparalleled unified platform for both advanced security research and critical investigative operations.” - Principal security researcher, European intelligence agency. “Corellium Viper has already transformed our mobile security testing by tripling our pentesting coverage while cutting costs by over 60%, and the combination with Cellebrite's platform creates an unmatched capability for protecting our mobile infrastructure at scale.” -Head of mobile application security, Fortune 100 telecommunications provider. Certain performance milestones Cellebrite acquired Corellium for an enterprise value of $170 million, of which $150 million was paid in cash at closing, with $20 million converted to equity. Corellium securityholders will receive up to an additional $30 million in cash based on the achievement of certain performance milestones over the next two years. Cellebrite’s fourth-quarter and full-year 2025 expectations, which were provided most recently on November 12, 2025, did not include any impact from the Corellium acquisition. Please note that Cellebrite is not updating its fourth-quarter and full-year 2025 outlook at this time as the fourth-quarter impact from one month of Corellium’s revenue and costs is not expected to be material. Cellebrite also announces that it will participate in the upcoming UBS Global Technology and AI Conference.

Cellebrite, a pioneer in premier Digital Investigative solutions for the public and private sectors, announces its agreement to acquire Corellium, a pioneer in Arm-based virtualisation software. This combination will set a new standard for digital investigations and the security of smart devices including iOS, Android, automotive systems and any Arm-based IoT device. Customers across public safety, defense, intelligence and private sectors will benefit from:   Accelerated identification of mobile vulnerabilities and exploits Industry-first ability to visualise and interact with virtual devices as if they were physically present - aiding prosecutors, juries, investigators and developers Increased efficiency, speed and efficacy of DevSecOps across all Arm-based devices Arm-native and dynamic Mobile Pen Testing Industry-unique virtualisation platform “Leading edge technology matters,” said Thomas E. Hogan, Cellebrite’s interim chief executive officer. “Corellium has built an industry-unique virtualisation platform that will ultimately help Cellebrite customers secure both their communities and institutions.” “The power of this combination goes beyond their technology and includes the addition of some of the brightest minds in vulnerability, malware analysis and security testing. We could not be more excited about adding the Corellium team to the Cellebrite family. The combination of our respective talent and IP changes the game in the efficient securing and analysis of all Arm-based devices which are pervasive across a vast range of applications from cloud to edge.” Forensically sound manner “The combination of Cellebrite’s commitment to innovation and its focus on public safety and security made this the perfect home for our people and our technology,” said Chris Wade, Corellium’s founder and chief technology officer, who will join Cellebrite as chief technology officer. “With Cellebrite’s offerings, users have ‘blueprints’ — technical schematics of what is on a device. With the addition of Corellium’s technology, users will virtually walk through the device, explore every room and open every door safely and without altering a thing in a forensically sound manner. I am personally thrilled to join Tom’s team as the new chief technology officer and to work closely with the Cellebrite research and development team.” Pervasive computing platform “Arm is the world’s most pervasive computing platform, and as AI continues to transform markets and deliver new experiences, the safety and security of our devices has never been more critical,” said Mohamed Awad, SVP and GM, Infrastructure, Arm. “Corellium's innovative Arm-based virtualisation solutions leverage the unique footprint Arm has from cloud to edge, and we value their contributions as part of the ecosystem building the future of computing on Arm.” Mobile vulnerability research The acquisition of Corellium is expected to broaden Cellebrite’s TAM in both the public and private sectors The acquisition of Corellium is expected to broaden Cellebrite’s TAM in both the public and private sectors. In the public sector, Corellium’s technology and talent will further enhance and broaden Cellebrite’s Digital Investigation Platform, while Corellium’s solution for mobile vulnerability research is expected to increase Cellebrite’s offerings for customers in the defense and intelligence sector.  In the private sector, Corellium’s virtualisation platform is expected to extend Cellebrite’s reach beyond eDiscovery and corporate investigation use cases through powerful virtualisation solutions that enable development and security professionals to design the next generation of high-performance, secure mobile applications, IoT devices and automotive systems.    Anticipated financial contribution Cellebrite intends to acquire Corellium for an enterprise value of $170 million in cash with $20 million converted to equity at closing. Corellium securityholders will receive up to an additional $30 million in cash based on the achievement of certain performance milestones over the next two years. The deal is expected to close this summer, subject to approval of the Committee on Foreign Investment in the United States and other customary closing conditions. Cellebrite plans to provide additional information about Corellium’s anticipated financial contribution after the transaction closes.  Providing additional information       J.P. Morgan Securities LLC is acting as the exclusive financial advisor to Corellium. Finally, Cellebrite is approaching the conclusion of its thorough CEO search process. The Company expects and plans to announce the appointment of the permanent CEO in conjunction with or prior to the mid-August disclosure of its second quarter 2025 results.