BSE
Your Result on : Company News Details
KPIT Technologies Ltd Industry :  Computers - Software - Medium / Small
BSE Code
542651
ISIN Demat
INE04I401011
Book Value (Rs)
82.8380486
NSE Symbol
KPITTECH
Divident Yield %
1.02
Market Cap
(Rs In Cr.)
19,980
P/E (TTM)
33.88
EPS (TTM)
21.51
Face Value
(Rs)
10
Back
Board of KPIT Technologies approves acquisition of strategic stake in Cymotive Technologies, Israel
06-May-26   Hrs IST

The board of KPIT Technologies at its meeting held on 06 May 2026 has approved the acquisition of strategic stake in Cymotive Technologies (Cymotive), a leading automotive cybersecurity specialist headquartered in Israel.

Founded jointly by senior Israeli cybersecurity leaders and CAR/AD, the automotive software company of the Volkswagen Group, Cymotive specializes in end-to-end vehicle Ufecycle cybersecurity, spanning secure architecture, threat modeling, intrusion detection, continuous monitoring, and regulatory/ homologation compliance. Cymotive has been a trusted cybersecurity partner to Leading global automotive players and brings strong domain depth in addressing automotive-specific cyber threats.

Key offerings of Cymotive include Cybersecurity Management System (CSMS), Automated security & penetration testing (CyClarity), Vulnerability management (CarAlert), Intrusion Detection Systems (IDS), Automotive cybersecurity cloud platform, Engineering, homologation and compliance.

The acquisition of Cymotive aligns with KPIT's long-term strategy of creating differentiated, Al solutions-led value for global OEMs. It strengthens KPIT's capabilities in automotive cybersecurity-a critical and natural extension of its core SDV embedded, and systems engineering business- while enhancing its value proposition to global OEMs enabling them to adopt an integrated approach-embedding cybersecurity into vehicle platforms from design through production and operations.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)