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Armis completes acquisition of Silk Security to enhance Armis Centrix™ platform

Apr 17, 2024

Acquiring Company

Armis Security

Acquired Company

Silk Security

New YorkInformation TechnologySoftwareSecurityCyber SecurityNetwork Securitycomputer & network securitySecurityCyber SecurityNetwork Security

Description

Armis, the asset intelligence cybersecurity company, announces the acquisition of Silk Security to integrate its platform for cyber risk prioritization and remediation into the Armis Centrix™ AI based Vulnerability Prioritization and Remediation solution. This acquisition enhances the capabilities of Armis Centrix™ to provide security teams a consolidated view of security findings from all sources of data, and reinforces Armis' strategy of building a comprehensive platform for cyber threat exposure management.

Quick answer

Armis Security is acquiring Silk Security, announced April 17, 2024.

How much did Armis Security pay for Silk Security?
The deal value was not disclosed.
What does Armis Security do?
Armis Security is a cybersecurity company that specializes in monitoring, securing, and managing critical assets in various environments, including IT, operational technology systems, and medical devices.
Where are Armis Security and Silk Security based?
Silk Security is based in New York, United States.
Who are the decision-makers at Armis Security?
Fundz holds 5 contacts at Armis Security. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Armis Security

Location

548 Market St

About

Armis Security is a cybersecurity company that specializes in monitoring, securing, and managing critical assets in various environments, including IT, operational technology systems, and medical devices. Founded by Yevgeny Dibrov and Nadir Izrael, the company has grown rapidly and currently employs around 750 people worldwide. With a valuation of $4.3 billion, Armis aims to achieve significant milestones on its path to an IPO, including reaching $500 million in annual recurring revenue. The company has made strategic acquisitions to bolster its cybersecurity solutions.

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Yevgeny
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Frequently asked

Who acquired Silk Security?

Silk Security was acquired by Armis Security. The deal was reported on April 17, 2024. Armis Security is a cybersecurity company that specializes in monitoring, securing, and managing critical assets in various environments, including IT, operational technology systems, and medical devices. Armis Security is privately held and operates in Information Technology.

When did Armis Security acquire Silk Security?

Armis Security's acquisition of Silk Security was reported on April 17, 2024. Armis, the asset intelligence cybersecurity company, announces the acquisition of Silk Security to integrate its platform for cyber risk prioritization and remediation into the Armis Centrix™ AI based Vulnerability Prioritization and Remediation solution. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Silk Security do?

Silk is the first platform that enables enterprises to take a strategic, sustainable approach to resolving code, infrastructure and application risk. It is privately held, operating in Security, and is based in New York.

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