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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…

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simple agreement for future equity to invest an additional $20 million in Cybellum when the deal closes in Q4.