Argus Cyber Security, which has raised $30 million and collaborates with Qualcomm, is linking the automotive sector with another of Israel’s most vibrant sectors—cyber security—helping to prevent connected cars from being hacked.
The Mobileye deal, said Argus CEO Ofer Ben-Noon, could accelerate his company’s growth. “There is no doubt there will be more investments in Israel for automotive, and a lot more M&A,” he said.
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