Continental acquires automotive cybersecurity company Argus

Continental AG acquired Israel-based cybersecurity company Argus Cyber Security Ltd. for over $450 million. Argus will become part of Continental's EB division and continue global commercial relations with automotive suppliers.

“With the acquisition of Argus Cyber Security we are enhancing our abilities to directly develop and offer solutions and services with some of the world's leading automotive cyber security experts to our customers around the globe.”calcalistech.com

• 2 sources
• calcalistech.comContinental Signs Agreement to Buy Automotive Cybersecurity Company Argus - CTechNov 5, 2017
• globalventuring.comMagna and Allianz exit Argus after acquisition - Global VenturingSam McCaffreyNov 7, 2017

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