Autocrypt partners with global automotive software company Elektrobit
Summary
Autocrypt has partnered strategically with Elektrobit to expand its position in the software-defined vehicle market. The deal gives Autocrypt exclusive Korean distribution rights for key Elektrobit software solutions. The companies plan to combine vehicle software and cybersecurity capabilities and pursue co-selling opportunities in Korea and other Asian markets. Autocrypt also expects the partnership to create recurring revenue and cross-sell opportunities with existing customers. The company will showcase the joint solution at an automotive innovation event in early July.
Classifications
industries
Automotive
applications
Data Management
AskAI Classifications
Labels
Automotive Software
Embedded Software
SaaS
Linked Companies
Elektrobit
$250M to $500M
AUTOCRYPT Co., Ltd.
$5M to $10M