UPDATED. 2021-10-20 18:41 (수)
LG Electronics acquires automotive cybersecurity firm Cybellum 
LG Electronics acquires automotive cybersecurity firm Cybellum 
  • Yang Tae Hoon
  • 승인 2021.09.23 15:35
  • 댓글 0
이 기사를 공유합니다

Secures 63.9% stake
Image: LG Electronics
Image: LG Electronics

LG Electronics said on Thursday that it has acquired Israel-based cybersecurity startup Cybellum.

The South Korean tech giant acquired 63.9% of the shares in the startup and plans to buy additional shares within 2021.

It also signed an agreement to acquire future equity for US$20 million, in which LG will secure more shares in Cybellum from the end of 2022 to the first half of 2023.

Cybellum, founded in 2016, owns technology in risk assessment software that looks for security vulnerabilities of software used on vehicle components.

It can use this without the source code of these software and allows automobile companies to manage potential risks in their vehicles, LG said.

Starting in July next year, cars with electronic control units must receive authentication in cybersecurity (UNECE WP.29 R155). An LG spokesperson said its acquisition of Cybellum will allow them to prepare for this requirement.

Meanwhile, LG Electronics bought car lamp first ZKW back in August 2018. In July, it formed a joint venture with Magna International. The venture will supply electric powertrain components to automobile companies.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2021 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트