Pune, India | Tel Aviv, Israel – May 6th 2026 | NSE: KPIT TECH BSE: 54265: KPIT Technologies, a global leader in software solutions for the mobility ecosystem, today announced that it has entered into an agreement to acquire a majority stake (subject to achievement of specific milestones) in Cymotive, a leading automotive cybersecurity specialist headquartered in Israel.

The initial investment by KPIT (subject to customary closing conditions and regulatory approvals) would be $ 10 Mn in Preference Capital which would get converted to Equity Capital, basis achievement of certain performance milestones by Cymotive. Post such conversion, KPIT would acquire the balance stake to own 100% in Cymotive which is expected to be completed by mid-2029. The total consideration for acquisition of 100% stake would happen in 2 tranches and is dependent upon the actual revenue and EBIT numbers achieved by Cymotive. Currently the total consideration payable by KPIT is expected to be between $ 60 Mn to $ 120 Mn (including upfront $ 10 Mn investment).

This acquisition shall strengthen KPIT’s strategic focus on building deep, future‑ready competencies required to deliver comprehensive software strategy and execution for mobility OEMs globally. As vehicles continue their rapid transformation towards being software‑defined, cybersecurity is a core enabler of safety, compliance, trust, and long‑term differentiation.

Founded jointly by senior Israeli cybersecurity leaders and CARIAD, the automotive software company of the Volkswagen Group, Cymotive specializes in end‑to‑end vehicle lifecycle 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.

With this acquisition, Cymotive’s solutions will form a strong and complementary addition to KPIT’s existing portfolio. Coupled with Beacon – KPITs Mobility Intelligence Product , AI led cybersecurity will enable OEMs to adopt an integrated approach-embedding cybersecurity products into vehicle platforms from design through production and operations.

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.”

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.

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.”

Cymotive will continue to operate with its existing leadership team, talent base, and customer relationships, while leveraging KPIT’s global delivery footprint, domain scale, and long‑standing presence across automotive programs worldwide.

About KPIT:

KPIT is reimagining the future of mobility, forging ahead with group companies and partners to shape a world that is cleaner, smarter, and safer.

With over 25 years of specialized expertise in Mobility, KPIT is accelerating the transformation towards Software and AI-Defined Vehicles through its advanced solutions, platforms, and products-propelled by mobility-infused AI frameworks, software craftsmanship, and systems integration mastery.

Vision in Motion

Fueled by 2000+ vehicle production programs and powering 20+ million vehicles on the road with KPIT software, our experience is unmatched. At the same time, we push boundaries, developing solutions that enable Mobility OEMs to innovate at speed and scale.

For more details visit www.kpit.com

MEDIA CONTACTS

Mohit Kochar

Chief Marketing Officer  | mohit.kochar@kpit.com

Sunil Ravish

Sr.Director , Marketing | Media Relations  | sunil.r@kpit.com

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