“We are building a comprehensive digital investigation platform, powered by analytics, to help our customers identify and report on critical evidence in a timely and precise fashion. “Consolidating video evidence with other data types is an important component of Magnet Forensics’ vision,” Magnet’s chief executive officer Adam Belsher said in the release. The DME Forensics deal is Magnet’s first acquisition since going public, and will allow Magnet to incorporate DME’s technology into Magnet’s offerings while still offering DVR Examiner as a standalone product.

Magnet Forensics, which began trading publicly on the Toronto Stock Exchange earlier this year, develops digital forensic software for police, governments and private companies that recovers, analyzes and manages evidence from computers, phones, the cloud and other digital devices. DME’s 19 employees are all being retained. affiliate will acquire DME for $6.75 million in cash, plus $2.25 million over two years based on the achievement of certain targets.

WATERLOO - Magnet Forensics has acquired a Colorado-based technology company that arms investigators with tools to recover video and multimedia evidence.ĭME Forensics’ products are used by more than 900 public safety organizations in more than 80 countries its DVR Examiner recovers video and metadata evidence from digital video recorder systems, such as CCTV cameras.Īccording to a release, Waterloo-based Magnet Forensics’ U.S.

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