As KPIT to acquire Cymotive, this investment also strengthens KPIT’s solutions and products strategy, enhancing opportunities to develop platforms and cybersecurity products. It will start adding to product and licensing?led revenue streams, in addition to KPIT’s established engineering engagements.
KPIT Technologies has signed an agreement to acquire a majority stake in Cymotive, an Israel-based automotive cybersecurity specialist, subject to the achievement of certain milestones.
As part of the deal, KPIT will initially invest $10 million in preference capital, which will convert into equity once Cymotive meets predefined performance targets.
Following this, KPIT plans to acquire the remaining stake in phases, ultimately taking full ownership of the company by mid-2029.
The total deal value is expected to range between $60 million and $120 million, including the initial investment, with the final consideration tied to Cymotive’s revenue and EBIT performance over time.
This acquisition aligns with KPIT’s strategy to strengthen its capabilities in next-generation mobility technologies. As vehicles rapidly evolve into software-defined and AI-driven systems, cybersecurity has become essential, not just for safety and compliance, but also for building trust and long-term differentiation.
Cymotive, founded by leading Israeli cybersecurity experts along with Volkswagen Group’s software arm CARIAD, brings deep expertise in automotive cybersecurity across the entire vehicle lifecycle.
Its capabilities include secure system architecture, threat modeling, intrusion detection, continuous monitoring, and regulatory compliance. The company has established itself as a trusted partner to several global automotive players.
As KPIT to acquire Cymotive, the company aims to enhance its existing portfolio with advanced cybersecurity solutions. Combined with KPIT’s Beacon mobility intelligence platform, this will enable OEMs to take a more integrated approach embedding cybersecurity into vehicle platforms from design through to production and operations.
Cymotive will continue to operate independently with its current leadership, team, and customer base, while also benefiting from KPIT’s global delivery network, scale, and deep automotive expertise.
As KPIT to acquire Cymotive, this investment also strengthens KPIT’s solutions and products strategy, enhancing opportunities to develop platforms and cybersecurity products. It will start adding to product and licensing?led revenue streams, in addition to KPIT’s established engineering engagements.
Leadership Comments
Kishor Patil, CEO & Managing Director, KPIT Technologies, said:
“Mobility continues to be transformed by Software and AI defined vehicles. Cybersecurity is now fundamental to how vehicles are designed, built, and trusted. Our investment in Cymotive aligns directly with KPIT’s long?term strategy of creating differentiated, AI solutions?led value for global OEMs. Cymotive brings deep, proven automotive cybersecurity expertise, and together we can integrate security into the foundation of mobility software—at scale, across programs, and across the vehicle lifecycle—creating meaningful value for the entire mobility ecosystem.”
Dr. Andre Stoffels, CFO and Board Member, CARIAD, said:
“KPIT has consistently shown that it understands automotive software deeply and can deliver at scale. Now, Cymotive becomes part of the KPIT family. This helps speed up the development of the kind of strong, real?world cybersecurity solutions carmakers need today. We are looking forward to working with KPIT and Cymotive to further strengthen automotive cybersecurity for customers worldwide.”
Yuval Diskin, Chairman, Cymotive, said:
“Cymotive was founded to bring Israel’s world class cybersecurity expertise, together with a culture of creativity and innovation, to protect the rapidly evolving world of software defined mobility. Joining the KPIT group, allows us to scale this vision globally. KPIT’s deep mobility expertise, global reach, and strong OEM relationships significantly strengthen Cymotive’s automotive cybersecurity capabilities. Together, we are uniquely positioned to deliver end to end, AI driven solutions and products that enable the mobility ecosystem to innovate with confidence, while staying ahead of an increasingly complex cyber threat landscape. This strategic alignment positions us to build the world’s leading cybersecurity company for the mobility domain”.
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