LG to Buy 64% of Vehicle Cybersecurity Risk Assessor

LG Electronics' board OK'd buying 64% of vehicle cybersecurity risk assessment provider Cybellum for $140 million, said LG Thursday: This will boost LG’s cybersecurity capabilities and speed efforts to become an “innovation partner for future mobility." LG committed to a simple agreement for future equity to invest an additional $20 million in Cybellum when the deal closes in Q4.