Cellebrite's Stock Drops After $170M Corellium Buy
Friday, Jun 6, 2025 1:10 pm ET1min read
CLBT--
Cellebrite Di Ltd. declined 2.14% in intraday trading. The company entered into an agreement to acquire Corellium, Inc. for an enterprise value of $170 million in cash, with an additional $30 million in cash based on performance milestones. The acquisition is expected to close this summer, subject to approval.
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