Under the golden power rule, the government can impose conditions or veto transactions, investments or corporate resolutions that could threaten Italian public interests.
The decision to exercise the power aims to protect Pirelli's "strategic assets," including "cyber sensors that are implanted in tires," the government said in a statement June 15.
The sensors, it said, can collect vehicle data concerning, among other things, road conditions, geolocation and the state of the infrastructures.
This information can be processed in super computers to create complex digital models that can be used in systems such as smart cities and digital twins, said the government.
The technology can be applied to several sectors, including industrial automation, machine-to-machine communication, machine learning, advanced manufacturing and artificial intelligence.
"For these sectors, 'cyber' is configured as a critical technology of national strategic importance," the government said.
As such, it added, the "improper use" of the technology can lead to "considerable risks not only for the confidentiality of user data, but also for the possible transfer of information relevant to security."