Magnet Forensics Inc. (TSX:MAGT) acquired DME Forensics Inc. for $9 million on September 13, 2021. Under the terms of the agreement, Magnet Forensics will pay upfront cash consideration of $6.75 million plus a $2.25 million earn out over two years based on the achievement of certain integration-focused targets. Magnet Forensics will retain all of DME’s current employees, including its current management team. Magnet Forensics Inc. (TSX:MAGT) completed the acquisition of DME Forensics Inc. on September 13, 2021. Eric Tajcher of Morgan, Lewis & Bockius LLP acted as legal advisor to Magnet Forensics Inc.