KPIT acquires Cymotive to strengthen automotive cybersecurity

9 May 2026via Manufacturing Today IndiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

KPIT acquires Cymotive to strengthen automotive cybersecurity. This strategic move enhances KPIT’s capabilities in vehicle cybersecurity, a growing need in connected car ecosystems. The acquisition is valued at $15 million, with $5 million in upfront cash and $10 million contingent on performance. Cymotive brings expertise in threat detection and penetration testing for automotive systems.

📊 STOCKS: KPITTECH | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Cybersecurity

#Cybersecurity#Acquisition#AutomotiveTech

Stocks mentioned

KPITTECHKPIT Technologies Limited

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