September 30, 2021

Gornitzky represented LG Electronics in its purchase of the controlling stake in Cybellum Technologies Ltd

Gornitzky represented LG Electronics (“LGE”), in its purchase of the controlling stake in Cybellum Technologies Ltd., a leading company in the field of automotive cybersecurity risk assessment.
The cross-border transaction involved multiple sellers (including the Company’s founders, financial investors and option holders), several ancillary agreements, and an intricate acquisition structure such that over the course of the next several years LGE will purchase Cybellum’s entire share capital.

LG Electronics was represented by partners Chaim Friedland and Yoni Raff, together with senior associate Netanel Kahane and associate Joshua Cohn.

Assisted in Cyber and Privacy aspects: partner Assaf Harel and associate Rebecca Genis.

Assisted in Tax aspects: partner Assaf Prussak, associates Nir Moses, Alon Cohen and Yarin Yom Tov.

Assisted in Labor Law aspects: partner Sagi Padureanu.

Assisted in IP aspects: associate Anat Zehavi.

 

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