Phone unlocking firm Cellebrite to acquire mobile testing startup Corellium for $170M
In Brief
Cellebrite, a company that makes forensic equipment for unlocking smartphones, said it is acquiring mobile testing startup Corellium for $170 million in cash, with $20 million converted to equity at closing.
The Israel-headquartered Cellebrite said the deal would help with the 'accelerated identification of mobile vulnerabilities and exploits.' Much of Cellebrite's technology relies on using unknown vulnerabilities, such as zero-day exploits, to unlock encrypted data stored on phones.
For its part, Corellium provides its customers access to virtual, cloud-based Android and iOS devices for app and security testing, an offering that Apple for a time sought to block.
A Cellebrite spokesperson told TechCrunch that the deal is expected to close later this year, subject to a review from CFIUS, the U.S. government committee tasked with handling corporate deals that could affect national security.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
Over the next 10 years, I think I'll make the most money in this area of the stock market
As a long-term stock market investor, I'm continually thinking about how to build the best portfolio for the long run. I spend a lot of time thinking about the sectors and stocks that are going to make me the most money over the next decade and beyond. Recently, I've been giving some thought as to the area of the market I'm most bullish on for the next decade. And I've concluded that it's software. Here's why I think this is the place (for me) to be. The world today is in the midst of a powerful technology revolution. Some people like to call it the 'fourth industrial revolution'. This revolution – powered by technologies such as cloud computing and artificial intelligence (AI) – is unlikely to end any time soon. Looking ahead, the world is only going to become more digital. Now, software is a great way to play this theme, in my view. Because it's literally at the heart of this revolution. Whether it's accounting, payroll, CRM, collaboration, programming, database, or cybersecurity software, it's helping companies become more digital. So, I think there are going to be some big opportunities in this area of the market over the next decade. It's worth pointing out that there are several benefits to investing in software companies. One is recurring revenues. Software tends to be quite 'sticky' because of the high costs of switching to another provider (re-training staff etc.). Another is pricing power. If a software company has a good product, it can usually increase its prices regularly (generating higher revenues) without customers leaving (they'd rather pay the higher costs than switch to another provider). Within software, there are two key growth areas that excite me when I take a 10-year view. The first is AI agents. This is software that can perform business functions autonomously and I reckon it's going to be huge (the market could be worth over $10trn). Companies developing solutions here include the likes of Salesforce and ServiceNow. Recently, I've been building up a position in Salesforce. The other area that I think has massive potential is cybersecurity. With cyberthreats becoming increasingly sophisticated (due to AI), companies are going to have to spend a ton of money on cybersecurity to protect themselves over the next decade. Now, the stock I'm most bullish on here is CrowdStrike (NASDAQ: CRWD). It's one of the largest companies in the cybersecurity industry today. This company is growing at a phenomenal rate thanks to its advanced, cloud-native cybersecurity platform. Over the last three financial years, its revenue has jumped from $1.45bn to $3.95bn – growth of 172%. I'm not expecting the company to continue growing at that pace. But I do expect top-line growth to be strong in the years ahead given the threat environment (21% growth is expected this financial year). It's worth pointing out that cybersecurity is a competitive industry. And competition from rivals such as Zscaler is a risk. Another thing to be aware of is that the stock is up a lot over the last year and currently has a high valuation. So a pullback is a possibility. Taking a long-term view, however, I'm bullish. I think this software stock is worth considering, especially on dips. The post Over the next 10 years, I think I'll make the most money in this area of the stock market appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Edward Sheldon has positions in CrowdStrike, Salesforce, and Zscaler. The Motley Fool UK has recommended CrowdStrike, Salesforce, ServiceNow, and Zscaler. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
8 hours ago
- Yahoo
Musk's efficiency model fails, Israel needs excellence
In a nation known worldwide for innovation, shouldn't our governmental systems reflect the same ingenuity that powers our most successful sectors? Imagine two government offices side by side. In the first, budget cuts eliminate 30% of the staff, forcing the remaining workers to process paperwork faster, yet citizens still wait hours, frustrated and unserved. In the second, a complete digital redesign allows most services to be completed online in minutes, with personalized guidance available for complex cases. Both claim 'efficiency,' but only the second delivers excellence. When Elon Musk took charge of US President Donald Trump's Department of Government Efficiency, he promised a revolution in government operations. Within weeks, over 200,000 federal employees were dismissed. 'We are moving fast,' Musk admitted, 'but we'll also fix mistakes quickly.' This bulldozer model captured global attention, including in Israel, where bureaucracy has long been a national punchline. The temptation to import this model is understandable. Yet what Israel needs is not America's DOGE but rather to reimagine the concept entirely, where the 'E' evolves from mere 'Efficiency' to true 'Excellence.' This distinction isn't semantic wordplay. Efficiency asks, 'How can we do the same with less?' Excellence asks, 'How can we create more value for citizens?' The first measure reduced inputs; the second focused on improved outcomes. Excellence often costs less in the long run by eliminating the hidden expenses of poor service: repeated visits, economic opportunities lost to delays, and the massive collective waste of citizens' time. As Israelis, we maintain a consistent expectation that our government should deliver quality services year after year. This social contract is fundamental to our society. We're willing to contribute through taxes and military service, but we expect competent governance in return. The excellence approach recognizes that well-functioning public institutions form the foundation of this mutual commitment and our national resilience. The irony is that Israel, the Start-up Nation, lags dramatically behind in government innovation. The same country that pioneers cutting-edge technologies in cybersecurity, agriculture, and healthcare still processes many government services using methods from the previous century. What the American DOGE does get right is creating a national conversation about government performance. Before DOGE, government reform was largely a technical discussion among experts. Now, it's front-page news. This visibility creates accountability and builds the political will necessary for meaningful change – precisely what Israel's public sector reforms have lacked. Excellence doesn't mean abandoning necessary protections; strong regulatory frameworks safeguard public health, safety, and essential services. The goal isn't to eliminate these safeguards but to redesign them intelligently. Consider business licensing: smart reform maintains high standards while eliminating redundant approvals and creating clear, predictable paths for entrepreneurs. What would an excellence-focused approach look like in practice? The solutions are largely known, and numerous committee reports have outlined necessary reforms for Israel's public service. What's missing isn't ideas but rather the sustained political commitment and public support to implement them. Three key initiatives must take priority. First, government services must be fundamentally redesigned with citizens at the center of the process. This goes beyond mere digitization to rethinking how services are structured and delivered. Estonia offers an instructive example. They've built an integrated digital government platform where services are designed around life events and user needs, not agency structures. Their transformation saves an estimated 2% of GDP annually while dramatically improving citizen satisfaction. The key insight isn't just technology; it's the citizen-centric redesign of the entire service experience. Second, excellence demands investing strategically in our public servants. This means creating diverse entry pathways to attract top talent, ensuring competitive compensation for key positions, and establishing cultures of innovation where continuous improvement is rewarded. Third, we need structured collaboration across sectors. Government doesn't have to solve every problem alone; it can leverage expertise from private industry, civil society, and academia. This multi-sectoral approach enables faster adaptation to evolving challenges while ensuring public services remain relevant and effective. The blueprints for transformation already exist in Israel. What's needed now is the determination to implement them, not through indiscriminate cuts but through thoughtful redesign backed by a genuine political commitment to better service. The citizens of Israel deserve a civil service that matches the excellence they demonstrate in their own fields. In a nation known worldwide for innovation, shouldn't our governmental systems reflect the same ingenuity that powers our most successful sectors? The question isn't whether we can afford such a transformation but whether we can afford to continue without it. The writer is the executive director of Tashtit, which works to promote professional and effective public service in Israel. He is also a member of the leadership team at Eco Memshal, a multi-sectoral space for organizations working to strengthen the public service in Israel.
TechCrunch
14 hours ago
- TechCrunch
Trump administration takes aim at Biden and Obama cybersecurity rules
President Donald Trump signed an executive order Friday that revises and rolls back cybersecurity policies set in place by his Democratic predecessors, Barack Obama and Joe Biden. In a White House fact sheet, the administration claims that Biden's Executive Order 14144 — signed days before the end of his presidency — was an attempt 'to sneak problematic and distracting issues into cybersecurity policy.' Among other things, Biden's order encouraged agencies to 'consider accepting digital identity documents' when public benefit programs require ID. Trump struck that part of the order, with the White House now saying this approach risks 'widespread abuse by enabling illegal immigrants to improperly access public benefits.' However, Mark Montgomery, senior director of the Foundation for Defense of Democracies' Center on Cyber and Technology Innovation, told Politico that 'the fixation on revoking digital ID mandates is prioritizing questionable immigration benefits over proven cybersecurity benefits.' On AI, Trump removed Biden's requirements around testing the use of AI to defend energy infrastructure, funding federal research programs around AI security, and directing the Pentagon to 'use AI models for cyber security.' The White House describes its moves on AI as refocusing AI cybersecurity strategy 'towards identifying and managing vulnerabilities, rather than censorship.' (Trump's Silicon Valley allies have complained repeatedly about the threat of AI 'censorship.') Trump's order also removed requirements that agencies start using quantum-resistant encryption 'as soon as practicable.' And it removed requirements that federal contractors attest to the security of their software — the White House describes those requirements as 'unproven and burdensome software accounting processes that prioritized compliance checklists over genuine security investments.' Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW Going back even further, Trump's executive order repeals Obama's policies around sanctions for cybersecurity attacks on the United States; those sanctions can now only be applied to 'foreign malicious actors.' The White House says this will will prevent 'misuse against domestic political opponents' and clarify that 'sanctions do not apply to election-related activities.'
