NNF, the developer of the iGO navigational app, announced on Monday that it had acquired a controlling interest in Arilou Technologies, which provides cyber protection for vehicles. The deal, whose amount was undisclosed, is based on the acquisition of shares from existing shareholders and an injection of capital into the company. Arilou will continue its business as before, led by its current management: Co-founders CTO Gil Litichever and CEO Ziv Levi.
The acquired company is developing systems that provide protection against cyber attacks on computerized auto systems. Arilou’s technology is designed to prevent a remote takeover of the car’s computerized systems (multimedia and locking systems, for example) that could enable a burglar to open the car’s locks, turn off the motor, and even disconnect the brakes.
An all-Israeli exit: iGO developer NNG acquires automotive cyber startup Arilou Technologies
