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Announced

PlaxidityX to invest in GlobalLogic.

Synopsis

PlaxidityX, a company offering software security, agreed to invest in GlobalLogic, a digital engineering company. Financial terms were not disclosed. "By integrating DevSecOps capabilities from PlaxidityX into every layer of our SDV Cloud Framework, we're not only fortifying security and adhering to automotive security regulations - we're also accelerating development timelines and reducing costs. It's about building trust, reliability, and adaptability from the ground up, ensuring our software-defined vehicles stay ahead of the security curve in a rapidly evolving automotive ecosystem," Ramki Krishna, GlobalLogic Vice President.

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