Exein, an Italian cybersecurity startup, has announced a strategic agreement with Taiwan-based semiconductor giant MediaTek. Under this partnership, Exein’s advanced security technology will be embedded into MediaTek’s Genio platform, significantly enhancing security across a wide range of connected devices. The collaboration is expected to have a far-reaching impact, with Exein’s technology projected to be deployed in over 3 billion devices worldwide. These devices span various industries, including mobile, home automation, automotive, and healthcare, where cybersecurity remains a critical concern.
A Deal Set to Grow in Value
Valued at over 5 million euros, this agreement marks a significant milestone for both companies. By 2028, the deal is anticipated to double in worth, reflecting the increasing demand for robust cybersecurity solutions in the rapidly expanding Internet of Things (IoT) ecosystem.
A Key Step for Exein’s Global Expansion
Exein views MediaTek as a strategic partner that will help drive its global expansion, particularly in the automotive and robotics sectors. By leveraging MediaTek’s extensive market presence, Exein aims to position itself as a leading provider of embedded security solutions worldwide.
A Boost for Italy’s Tech Ecosystem
Italy has been making efforts to strengthen its tech startup ecosystem, and this partnership represents a major milestone for the country’s growing technology sector. Exein has been gaining momentum, having previously secured $15 million in Series B funding. The company’s clientele already includes major industry players such as Daikin, Seco, and Kontron, further establishing its credibility in the cybersecurity space.
The Future of Embedded Security
With the increasing number of connected devices, the demand for advanced cybersecurity solutions continues to rise. Exein and MediaTek’s partnership underscores the importance of proactive security measures in the semiconductor industry, ensuring safer and more resilient digital infrastructures for the future.