FPT and Cymotive Form Strategic Alliance to Advance Automotive Cybersecurity Innovation
BUSINESS WIRE)--Global IT services provider FPT has signed a Memorandum of Understanding (MOU) with Cymotive Technologies, an Israel-based leader in automotive cybersecurity. This agreement initiates a collaboration to introduce Cymotive's proven cybersecurity solutions to FPT's established automotive customer base, jointly develop and deliver next-generation cybersecurity solutions for Software-Defined Vehicles (SDVs), and advance safer, smarter, and more connected mobility.
The MOU lays the groundwork for a strategic collaboration focused on the joint development and commercialization of advanced cybersecurity solutions tailored to the evolving demands of the automotive industry. The agreement focuses on leveraging and commercializing Cymotive's pioneering cybersecurity solutions, extensive engineering experience, and deep industry expertise within FPT's global partner network and presence.
The partnership will advance new solutions tailored to evolving automotive market demands and emerging SDV platforms. Both sides aim to maximize end-to-end protection, fully addressing the complex technical and regulatory demands faced by automotive manufacturers and suppliers worldwide.
Nguyen Duc Kinh, FPT Software Executive Vice President and FPT Automotive Chief Executive Officer, FPT Corporation, emphasized the strategic significance of this agreement: 'The automotive industry is undergoing a fundamental shift toward software-defined, intelligent mobility. This evolution demands not only robust cybersecurity but also a forward-looking approach to digital resilience at scale. Our partnership with Cymotive enhances our capacity to lead in this transformation, combining trusted cybersecurity expertise with global delivery capabilities to shape a future where secure, autonomous, and connected vehicles are the new standard in mobility.'
Cymotive Co-founder, Tamir Bechor, added: 'Together, FPT and Cymotive critically accelerate the global growth of cybersecurity connected mobility. The partnership pairs the niche expertise and impressive track records of FPT in driving digital transformation and Cymotive in elevating automotive cybersecurity, positioning us to jointly fortify vehicle safety, steer SDV innovation progress, and stay ahead of ever-evolving cyber threats.'
Automotive is among FPT's five strategic directions. Leveraging its two decades of expertise in automotive technology, FPT launched a dedicated subsidiary focusing on automotive technologies in 2023. The company currently boasts a global network of 5,000 automotive software engineers and alliances with top chipmakers, tier-1 suppliers, and OEMs. Its delivery excellence is supported by adherence to international standards and certifications, including ISO/SAE 21434, ISO 26262, A-SIL (A/B/C/D), TiSAX, and A-SPICE Level 3.
About FPT Corporation
FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit https://fptsoftware.com/
About Cymotive Technologies
Cymotive Technologies is a global automotive cybersecurity provider specializing in preemptive, holistic solutions for vehicles, fleets, and smart mobility. Founded in 2016 and driven by a team of elite cybersecurity specialists, Cymotive empowers manufacturers, suppliers, and automotive technology with continuous in-vehicle and cloud protection and homologation compliance support for software defined vehicles. From top tier cybersecurity engineering services and consultancy to ongoing vulnerability management and regulation compliance, automated intrusion detection, incident response, and security testing, Cymotive manages the evolving SDV attack surface and threat landscape for the entire vehicle lifecycle.
To learn more about Cymotive's comprehensive automotive cybersecurity solutions, visit https://www.cymotive.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
31 minutes ago
- Business Upturn
Fujirebio Acquires Plasma Services Group and Strengthens Its Position as Provider of Critical and High Quality Biological Raw Materials to the IVD and Life Science Industries
By Business Wire India Published on June 23, 2025, 16:23 IST TOKYO, Japan & MALVERN, Pa., United States: H.U. Group Holdings Inc., and its wholly owned subsidiary, Fujirebio Holdings, Inc. (hereinafter 'Fujirebio') today announced that Fujirebio Diagnostics, Inc., a subsidiary of Fujirebio, has acquired all shares of Plasma Services Group, Inc. (hereinafter 'Plasma Services Group'). The transaction value has not been disclosed. Founded in 2004, Plasma Services Group has specialized in the collection, screening and supply of high quality and rare biological materials required for R&D and manufacturing in the in vitro diagnostics (IVD) and life science industries. The company is particularly well positioned in the field of rare diseases. From its state-of-the-art FDA registered, ISO certified facility in Moorestown, NJ, USA, Plasma Services Group provides sera and other samples for materials of control reagents and calibrators for a wide range of diseases and offers sample collection services globally. For more information about Plasma Services Group please visit 'We are excited to welcome Plasma Services Group, a company that has gained a solid reputation as a reliable global supplier of difficult-to-obtain biological raw materials to the life sciences industry, to the Fujirebio group of companies,' says Goki Ishikawa, President & CEO of Fujirebio Holdings, Inc. 'Current and future IVD and life science partners of Fujirebio and Plasma Services Group will benefit from the synergies in our combined offer of rare samples and biological materials, which in turn further reinforce Fujirebio's position in the market as a trusted CDMO partner.' 'For over 20 years our mission at PSG has always been rooted in serving our customers with care, integrity, and a commitment to quality,' said Nichelle Fernandez, President of Plasma Services Group. 'This next chapter with Fujirebio is deeply meaningful. It allows us to stay true to who we are while preserving the personal, responsive service our customers value. Together, we're positioned to offer even stronger support for the scientists and innovators who rely on us. Our shared commitment to consistency will have a lasting impact across the global IVD landscape.' Advisors Houlihan Lokey acted as exclusive financial advisor to Fujirebio. Achelous Partners acted as exclusive financial advisor to Plasma Services Group. About Fujirebio Fujirebio is global R&D-driven company constantly developing new IVD testing technologies and unique biomarkers with high clinical value. Our group mission is to create new value in healthcare and thereby contribute to human health and the future of medical global teams located in Japan, Asia, Europe, and the US focus on delivering products with the highest quality standards to our customers and partners. We value CDMO partnerships with many of the world's leading diagnostic companies, sharing knowledge, capabilities, and critical materials to supply, develop, or manufacture diagnostic solutions on a wide variety of more information about Fujirebio, please visit View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
Bloomberg
32 minutes ago
- Bloomberg
Bloomberg Surveillance TV: June 23, 2025
- Norman Roule, Senior Adviser at the Center for Strategic & International Studies - Daan Struyven, Head: Commodity Research at Goldman Sachs - Mark Esper, former US Secretary of Defense - Danny Danon, Israel's Ambassador to the United Nations Norman Roule, Senior Adviser at the Center for Strategic & International Studies, discusses the US strikes on Iran and what's next for conflict in the Middle East. Daan Struyven, Head: Commodity Research at Goldman Sachs, offers his outlook for oil and global commodities in the wake of the US' attack on Iran. Mark Esper, former US Secretary of Defense, talks about the strategy aimed at weakening Iran's nuclear capabilities and whether early indications show the US achieved its objectives. Danny Danon, Israel's Ambassador to the United Nations, talks about Israel's position in the Middle East after the US' strike on Iran.
Associated Press
34 minutes ago
- Associated Press
EU finds 'indications' Israel is breaching their trade deal with its actions in Gaza
BRUSSELS (AP) — The European Union says there are ″indications″ that Israel's actions in Gaza are violating human rights obligations in its trade agreement with the EU, according to its findings seen by The Associated Press. EU foreign policy chief Kaja Kallas presented the review to foreign minsters of the 27-member bloc in Brussels on Monday, leading at least one country to openly propose suspending the trade deal. 'There are indications that Israel would be in breach of its human rights obligations under Article 2 of the EU-Israel Associated Agreement,' according to the review by the EU's diplomatic corps, the European External Action Service. A third of Israel's imports come from the EU, valued at $27 billion annually, while Europe imports less than 1% of its goods from Israel, according to the EU Directorate-General for Trade and Economic Security. Suspending trade ties would require a unanimous decision, which is likely impossible to obtain from countries like Austria, Germany and Hungary that tend to back Israel. Other actions — such as ending visa-free travel to Europe for Israelis, sanctioning Israeli settlers in the West Bank or halting academic partnerships — could be pushed if a 'qualified majority' — 15 of the 27 nations representing at least 65% of the population of the EU — agree. Countries like the Netherlands, Ireland and Spain have been vocal in their support for the Palestinians in Gaza as Israel battles Hamas. 'When all the focus is on Iran and the escalation regarding Iran, we should not forget about Gaza,' said Dutch foreign minister Caspar Veldkamp, who led the charge for the review. Israel launched its military campaign in Gaza after Hamas' Oct. 7, 2023, attack on southern Israel, in which militants killed around 1,200 people, mostly civilians, and took another 251 hostages. About 56,000 Palestinians have since been killed, according to Gaza's Health Ministry, and little relatively aid has entered since Israel ended the latest ceasefire in March. Outrage over Israel's actions in Gaza has grown in Europe as images of suffering Palestinians have driven protests in London, Berlin, Brussels, Madrid and Amsterdam. Spain has canceled arms deals with Israel and called for an arms embargo. Spanish Foreign Minister José Manuel Albares Bueno on Monday called for suspending the EU-Israel trade agreement. 'The time for words and declarations is behind. We had enough time,' he told the meeting. 'And at the same time, Palestinians in Gaza have no more time to lose. Every day, babies, women, men are being killed. This is the time for action.' Manuel Albares also called for an embargo on EU countries selling weapons to Israel and for the widening of individual sanctions on anyone undermining the proposed two-state solution. 'Europe must show courage,' he told journalists. ___ Associated Press writers Lorne Cooke in The Hague and Ella Joyner in Brussels contributed to this report.
