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Armis Acquires Silk Security for $150 Million

Armis has acquired cyber risk prioritization and remediation company Silk Security for $150 million. 

Cyber exposure management firm Armis on Wednesday announced that it has acquired cyber risk prioritization and remediation company Silk Security for $150 million. 

Armis wants to integrate Silk’s platform into its Centrix Vulnerability Prioritization and Remediation product, in order to boost its capabilities and enable security teams to get a consolidated view of security findings from a wide range of sources. 

“By acquiring Silk Security, Armis Centrix will now encompass all sources of data including from on prem devices to code, cloud and application security tools. This will provide security and developer teams with a consolidated view into any security findings and will empower them to manage the remediation process in an effective way,” Armis said.

Silk has raised $12.5 million, which it announced in the summer of 2023, when it emerged from stealth mode

An analysis conducted by SecurityWeek showed that 413 cybersecurity-related mergers and acquisitions were announced in 2023, with a drop seen in both volume and disclosed deal value. 

Related: Wiz Acquires Gem Security, Pushes Security Tools Consolidation

Related: Cybersecurity M&A Roundup: 27 Deals Announced in March 2024

Related: Cisco Completes $28 Billion Acquisition of Splunk

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Related: Veracode Buys Longbow Security for Automated Root Cause Analysis Tech

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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