The article belongs to the category:Deals & Cases

Representing Magma Venture Partners, Vertex Ventures, Samsung Catalyst, and SBI Group, in the US$430 Million sale of their holdings in Argus Cyber Security to Continental

October 2017

In October 2017, our firm represented Magma Ventures Partners, Vertex Venture Capital, SBI Group and Samsung in the sale of their entire holdings in Argus Cyber Security Ltd. to Continental Automotive Holding Netherlands B.V, in a transaction valued at $ 430M in cash.

Argus engages in the protection of connectivity platforms of vehicles from cyber-attacks.

The funds were represented by partners Roy Caner and Viva Gayer, and attorneys Amichai Perry and Eyal Wiesel.

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