Add-on Acquisition • Software

Continental Acquires Argus Cyber Security

On November 3, 2017, Continental acquired software company Argus Cyber Security

Acquisition Context
  • This is Continental’s 3rd transaction in the Software sector.
  • This is Continental’s 1st transaction in Israel.

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M&A Deal Summary

Date November 3, 2017
Target Argus Cyber Security
Sector Software
Buyer(s) Continental
Deal Type Add-on Acquisition

Target Company

Argus Cyber Security

Tel Aviv-Yafo, Israel
Argus Cyber Security is an automotive cyber security, provides comprehensive and proven solution suites to protect connected cars and commercial vehicles against cyber-attacks. Argus Cyber Security was founded in 2013 and is based in Tel Aviv-Yafo, Israel.
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Buyer Overview 1

Buyer

Continental

Hanover, Germany

Category Company
Founded 1871
Sector Manufacturing
Employees182,629
Revenue 39.7B EUR (2024)
DESCRIPTION

Continental is a tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide. Continental was founded in 1871 and is based in Hanover, Germany.


Deal Context for Buyer #
Overall 19 of 21
Sector: Software 3 of 4
Type: Add-on Acquisition 12 of 12
Country: Israel 1 of 1
Year: 2017 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-12 Parkpocket

München, Germany

Parkpocket GmbH is a big data company enhancing transparency in the parking market. In real-time, car drivers are informed about vacant parking lots in car parks, prices, opening hours, electric vehicle charging stations and other features, and are finally navigated to the right location.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-02 Cooper Standard - Anti-Vibration Systems Business

Novi, Michigan, United States

Cooper Standard - Anti-Vibration Systems Business is a provider of vibration control business to the automotive industry.

Buy -

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