Daybreak, a provider of IT services to the biotech sector, has acquired Cernam, a digital evidence and investigations business based at NovaUCD. Financial details of the purchase were not disclosed.
As part of the acquisition Owen O’Connor – founder and managing director of Cernam – will join Daybreak as vice president of digital evidence. In addition to the existing Cernam employees, Daybreak will recruit 12 new staff in Dublin and California to develop software and provide services in e-discovery and digital forensics.
Digital evidence is information stored or transmitted in digital form that may be used in court or during an investigation. Within the digital evidence market, Cernam is a leader in the online evidence space, meaning digital evidence coming from online sources – cloud services like Dropbox, social networks like Facebook, Web-based applications like Salesforce.com, corporate and government websites. Cernam’s technology essentially applies the principles of digital evidence to the online realm so as to allows content be used as digital evidence, in the same way as e-mail or electronic documents.
Announcing the acquisition, Daybreak CEO Kevin Barrett said: “Given the nature of the biotech sector, companies are inclined to be involved in heavy compliance and litigation activity requiring digital evidence services… Cernam represents the first acquisition by Daybreak and we intend to acquire other companies whose product and service offerings complement and expand our unique IT service capability to the biotech sector.”
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