Argus Cyber Security

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PlaxidityX (Formerly Argus Cyber Security LTD.)
IndustryAutomobile Technology
Founded2013; 13 years ago (2013)
FatePurchased by Continental AG in 2017 for $430 million.
Headquarters
Tel Aviv, Israel
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. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  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
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  15. ^ Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA) 6 November 2017
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