Sun Corp in talks to sell stake in Israel's Cellebrite -report
26/12/2018 09:14
JERUSALEM, Dec 26 (Reuters) - Japan's Sun Corp 6736.T is
looking to sell up to 50 percent of Israeli digital intelligence
provider Cellebrite at a valuation of $400 million, a leading
Israeli financial newspaper said on Wednesday.
Cellebrite, fully owned by Sun Corp, specializes in
forensics and extraction of data from mobile devices.
The Calcalist newspaper said Sun Corp is in talks with a
number of potential buyers, including Australia's Macquarie
Group MQG.AX and U.S. private equity firm KKR KKR.N .
Officials at Cellebrite, Sun Corp, Macquarie and KKR were
not immediately available for comment.
(Reporting by Ari Rabinovitch
Editing by Mark Heinrich)
((ari.rabinovitch@thomsonreuters.com; +972-2-632-2202; Reuters
Messaging: ari.rabinovitch@thomsonreuters.com@reuters.net))