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LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum

aithority.com
 28 days ago

LG Electronics’ (LG) board of directors has approved the acquisition of Cybellum, a leading vehicle cybersecurity risk assessment solution provider. The deal allows LG to assume an approximate 64 percent stake in the tech company valued at USD 140 million, a strategic move that will enhance LG’s cybersecurity capabilities and accelerate its efforts to become an Innovation Partner for Future Mobility.

aithority.com

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