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Trump Pardoned Him. Now He’s Selling His Cyber Business For $200 Million.

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Cellebrite and Corellium are providing new tools to police departments and intelligence agencies for getting data from cellphones.

When trying to find a vulnerability in Apple iPhones or Android devices, many cybersecurity researchers now use a tool from Florida-based startup Corellium. Rather than risk breaking a physical device when they hack it, which they’d subsequently have to replace, they can create a virtual version of the phone in Corellium.

Now, Cellebrite, one of the largest providers of phone forensics tools, has acquired Corellium for $200 million, a major merger that promises to give law enforcement unprecedented tooling for extracting data from seized electronics.

The deal is a coup for founder and CTO Chris Wade, who in the last five years alone

© Forbes