FPT and Cymotive Form Strategic Alliance to Advance Automotive Cybersecurity Innovation

HANOI, Vietnam--(BUSINESS WIRE)--Jun 2, 2025--

Global IT services provider FPT has signed a Memorandum of Understanding (MOU) with Cymotive Technologies, an Israel-based leader in automotive cybersecurity. This agreement initiates a collaboration to introduce Cymotive’s proven cybersecurity solutions to FPT’s established automotive customer base, jointly develop and deliver next-generation cybersecurity solutions for Software-Defined Vehicles (SDVs), and advance safer, smarter, and more connected mobility.

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The MOU lays the groundwork for a strategic collaboration focused on the joint development and commercialization of advanced cybersecurity solutions tailored to the evolving demands of the automotive industry. The agreement focuses on leveraging and commercializing Cymotive’s pioneering cybersecurity solutions, extensive engineering experience, and deep industry expertise within FPT’s global partner network and presence.

The partnership will advance new solutions tailored to evolving automotive market demands and emerging SDV platforms. Both sides aim to maximize end-to-end protection, fully addressing the complex technical and regulatory demands faced by automotive manufacturers and suppliers worldwide.

Nguyen Duc Kinh, FPT Software Executive Vice President and FPT Automotive Chief Executive Officer, FPT Corporation, emphasized the strategic significance of this agreement: “The automotive industry is undergoing a fundamental shift toward software-defined, intelligent mobility. This evolution demands not only robust cybersecurity but also a forward-looking approach to digital resilience at scale. Our partnership with Cymotive enhances our capacity to lead in this transformation, combining trusted cybersecurity expertise with global delivery capabilities to shape a future where secure, autonomous, and connected vehicles are the new standard in mobility.”

Cymotive Co-founder, Tamir Bechor, added: “Together, FPT and Cymotive critically accelerate the global growth of cybersecurity connected mobility. The partnership pairs the niche expertise and impressive track records of FPT in driving digital transformation and Cymotive in elevating automotive cybersecurity, positioning us to jointly fortify vehicle safety, steer SDV innovation progress, and stay ahead of ever-evolving cyber threats.”

Automotive is among FPT’s five strategic directions. Leveraging its two decades of expertise in automotive technology, FPT launched a dedicated subsidiary focusing on automotive technologies in 2023. The company currently boasts a global network of 5,000 automotive software engineers and alliances with top chipmakers, tier-1 suppliers, and OEMs. Its delivery excellence is supported by adherence to international standards and certifications, including ISO/SAE 21434, ISO 26262, A-SIL (A/B/C/D), TiSAX, and A-SPICE Level 3.

About FPT Corporation

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam’s position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit https://fptsoftware.com/

About Cymotive Technologies

Cymotive Technologies is a global automotive cybersecurity provider specializing in preemptive, holistic solutions for vehicles, fleets, and smart mobility. Founded in 2016 and driven by a team of elite cybersecurity specialists, Cymotive empowers manufacturers, suppliers, and automotive technology with continuous in-vehicle and cloud protection and homologation compliance support for software defined vehicles. From top tier cybersecurity engineering services and consultancy to ongoing vulnerability management and regulation compliance, automated intrusion detection, incident response, and security testing, Cymotive manages the evolving SDV attack surface and threat landscape for the entire vehicle lifecycle.

To learn more about Cymotive’s comprehensive automotive cybersecurity solutions, visit https://www.cymotive.com.

FPT and Cymotive sign a Memorandum of Understanding (MoU) to boost automotive cybersecurity partnership.

TRENTON, N.J. (AP) — Richard “Dick” Codey, a former acting governor of New Jersey and the longest serving legislator in the state's history, died Sunday. He was 79.

Codey’s wife, Mary Jo Codey, confirmed her husband’s death to The Associated Press.

“Gov. Richard J. Codey passed away peacefully this morning at home, surrounded by family, after a brief illness,” Codey's family wrote in a Facebook post on Codey's official page.

"Our family has lost a beloved husband, father and grandfather -- and New Jersey lost a remarkable public servant who touched the lives of all who knew him," the family said.

Known for his feisty, regular-guy persona, Codey was a staunch advocate of mental health awareness and care issues. The Democrat also championed legislation to ban smoking from indoor areas and sought more money for stem cell research.

Codey, the son of a northern New Jersey funeral home owner, entered the state Assembly in 1974 and served there until he was elected to the state Senate in 1982. He served as Senate president from 2002 to 2010.

Codey first served as acting governor for a brief time in 2002, after Christine Todd Whitman’s resignation to join President George W. Bush’s administration. He held the post again for 14 months after Gov. Jim McGreevey resigned in 2004.

At that time, New Jersey law mandated that the Senate president assume the governor’s role if a vacancy occurred, and that person would serve until the next election.

Codey routinely drew strong praise from residents in polls, and he gave serious consideration to seeking the Democratic nomination for governor in 2005. But he ultimately chose not to run when party leaders opted to back wealthy Wall Street executive Jon Corzine, who went on to win the office.

Codey would again become acting governor after Corzine was incapacitated in April 2007 due to serious injuries he suffered in a car accident. He held the post for nearly a month before Corzine resumed his duties.

After leaving the governor’s office, Codey returned to the Senate and also published a memoir that detailed his decades of public service, along with stories about his personal and family life.

“He lived his life with humility, compassion and a deep sense of responsibility to others,” his family wrote. “He made friends as easily with Presidents as he did with strangers in all-night diners.”

Codey and his wife often spoke candidly about her past struggles with postpartum depression, and that led to controversy in early 2005, when a talk radio host jokingly criticized Mary Jo and her mental health on the air.

Codey, who was at the radio station for something else, confronted the host and said he told him that he wished he could “take him outside.” But the host claimed Codey actually threatened to “take him out,” which Codey denied.

His wife told The Associated Press that Codey was willing to support her speaking out about postpartum depression, even if it cost him elected office.

“He was a really, really good guy,” Mary Jo Codey said. “He said, ‘If you want to do it, I don’t care if I get elected again.’”

Jack Brook contributed reporting from New Orleans.

FILE - New Jersey State Sen. and former Democratic Gov. Richard Codey is seen before New Jersey Gov. Phil Murphy delivers his State of the State address to a joint session of the Legislature at the statehouse, in Trenton, N.J., Tuesday, Jan. 10, 2023. (AP Photo/Matt Rourke, File)