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Report: Israel Growth Partners to acquire minority stake in Cellebrite

Israel Growth Partners signed a deal to acquire a 25%-30% stake in Cellebrite Mobile Synchronization Ltd. from Japan-based Sun Corp., Reuters reported May 29, citing Israeli newspaper Calcalist.

Israel Growth Partners will pay US$150 million for the Cellebrite stake, according to the report. The deal is expected to close in the next three weeks.

Cellebrite is an Israel-based maker of mobile forensics technologies.