Published: March 12, 2016| Stamford
HARMAN International has announced the successful completion of its acquisition of TowerSec, a global provider of automotive cyber security, specializing in onboard network protection for connected vehicles.
“The integrity of the connected car, and eventually the autonomous car, is dependent upon secure systems that protect automobiles and their drivers from unauthorized intrusions at any angle. TowerSec enhances HARMAN’s automotive cyber security platform and technologies, which are already the most comprehensive in the industry today. We are pleased to bring their solutions in house as well as their deep bench of talent and expertise,” said Dinesh C. Paliwal, HARMAN Chairman, President and CEO. He further added “By acquiring TowerSec’s best-in-class suite of network protection software and gaining the expertise of their highly experienced security engineers, we will build on HARMAN’s 5+1 security framework, already the most comprehensive in the industry, and ensure that we remain one step ahead to protect existing and future connected systems.”
TowerSec’s ECUSHIELD and TCUSHIELD embedded automotive software security products will be integrated into Harman’s 5+1 security architecture, to protect the critical vehicle systems and functions from hacking and intrusions, a necessary prerequisite in all connected and autonomous vehicles
“The TowerSec team has developed innovative, essential and efficient security measures for OEMs and suppliers. While we have been partnering with HARMAN as a supplier, now we will leverage the Company’s scale, network and deep connected car domain experience to meet the demands of our target markets, including providers of gateways, body control modules, and TCU’s, as well as automotive OEMs and other Tier 1 suppliers. We are excited to work within HARMAN to ensure cars on the road today and those designed for tomorrow are protected against cyber attacks and other intrusions,” said Saar Dickman, CEO of TowerSec.
The acquisition was announced earlier in January this year. HARMAN has now announced the complete acquisition of TowerSec.