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Argus Cyber Security

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PlaxidityX (Formerly Argus Cyber Security LTD.)
IndustryAutomobile Technology
Founded2013; 11 years ago (2013)
FatePurchased by Continental AG in 2017 for $430 million.
Headquarters
Number of employees
200
Website[1]

PlaxidityX (Formerly Argus Cyber Security LTD.) is an Israeli automotive cyber security company. It was purchased by Continental AG in 2017, for $430 million.[1] In October 2017, Argus added a solution to enable OEMs to deliver over-the-air vehicle software updates.[2]

History

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The company was founded in 2013,[3] by Ofer Ben-Noon, Oron Lavi, and Yaron Galula, three ex-soldiers of Israel's Unit 8200.[4] The Argus management team includes former employees of Daimler,[5] Fiat Chrysler,[6] and General Motors.[7]

The Israeli startup is headquartered in Tel Aviv, has a team of more than 200 people and offices in Detroit, Silicon Valley, Stuttgart and Tokyo.[8][9] The company has dozens of pending[10] and granted[11] patents and was identified as a Top 25 Technology Company To Watch by The Wall Street Journal.[12]

As a result of an acquisition in November 2017,[13][14] Argus Cyber Security is part of Germany's Continental's subsidiary Elektrobit (EB).[15]

In December 2020, Argus Co-founder Ofer Ben-Noon stepped down from his position as CEO and was replaced by Ronen Smoly, previously Argus VP Sales.[16] [17]

Partnerships

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In January 2016, Argus partnered with Check Point Software Technologies to extend the Argus offering with Check Point Car Capsule for secure communication between vehicle and the cloud.[18]

In July 2016, Argus was chosen to participate in Startup Autobahn, a joint project run by Daimler AG, Plug and Play, University of Stuttgart and ARENA2036.[19]

Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.[20]

In January 2017, Argus joined with Elektrobit to create a solution to protect electronic control units (ECU). The same month they announced a combined solution with Qualcomm.[21]

In February 2017, NXP Semiconductors announced its partnership with Argus creating a joint solution including Argus IDPS and NXP Calyso MCU to detect and prevent advanced cyber attacks in real-time.[22][23]

In July 2017, Argus and Riscure announced a joint 'capture the flag' competition, participants faced challenges simulating real-life automotive cyber security scenarios to win.[24]

In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.[25]

In August 2024, Argus rebranded as PlaxidityX .[26]

Awards and recognition

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References

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  1. ^ Argus investors, employees win big in $430m acquisition 5 November 2017 14:54 Dubi Ben-Gedalyahu, Globes
  2. ^ "Germany's Continental buys Israeli auto cyber firm Argus". Reuters. 3 November 2017.
  3. ^ Argus raises $4M to keep car hackers at bay 29 September 2014 10:51 Kia Kokalitcheva, VentureBeat
  4. ^ Toyota seeks more investments in Israeli auto tech, robotics Tova Cohen, November 5, 2017
  5. ^ "VB Profiles".
  6. ^ "Automotive World". 6 February 2017.
  7. ^ "Bloomberg Research". Bloomberg News.
  8. ^ Solomon, Shoshanna (5 November 2017). "Germany's Continental confirms buy of Israel cybersecurity firm Argus". Times of Israel.
  9. ^ "Argus Cyber Security". Archived from the original on 2018-01-08.
  10. ^ "These 3 Auto Startups Are the Best of 2016". Fortune.
  11. ^ "Germany's Continental confirms buy of Israel cybersecurity firm Argus". Times of Israel.
  12. ^ "Tech Companies to Watch". The Wall Street Journal.
  13. ^ "Germany's Continental buys Israeli auto cyber firm Argus". Reuters. 3 November 2017.
  14. ^ "Argus investors, employees win big in $430m acquisition". Globes. 11 May 2017.
  15. ^ Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA) 6 November 2017
  16. ^ "Argus CEO Ofer Ben-Noon announces he's stepping down". 2 December 2020.
  17. ^ John, Peter. "Demystifying Computer Forensics vs. Electronic Discovery". Retrieved 16 July 2021.
  18. ^ Shamah, David. "Argus, Check Point team up to prevent car hacking". The Times of Israel.
  19. ^ "Startup Autobahn sees firms from seven countries make a pitch".
  20. ^ "Cooperation to protect central gateway".
  21. ^ "Argus Expands Connected Car Collaboration - Infosecurity Magazine". 4 January 2017.
  22. ^ "NXP Joins Auto-ISAC to Collaborate on Security Challenges of Connected Cars".
  23. ^ Ben-Gedalyahu, Dubi (15 March 2017). "Israel's auto-tech startups move up a gear". Globes.
  24. ^ "Hack the car using an Arduino board with two CAN ports".
  25. ^ "Argus Cyber Security and Phantom Auto Partner to Increase the Security of Teleoperation Safety Technology". www.prnewswire.com. June 5, 2018.
  26. ^ "Introducing PlaxidityX: Argus Cyber Security Ltd.* Unveils New Company Name". www.plaxidityx.com. August 15, 2024.
  27. ^ Kerpen, Dave (11 September 2017). "20 Tech Innovators to Watch in 2018". Inc.
  28. ^ "2017 Red Herring Europe: Winners".
  29. ^ "Tech Companies to Watch".
  30. ^ "The World's Most Innovative Companies 2017".
  31. ^ "These 3 Auto Startups Are the Best of 2016".
  32. ^ "Europe's hottest startups 2016: Tel Aviv". Wired UK.
  33. ^ "118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets".