Friday, 7 March, 2025

Armis Acquires Otorio for $120M to Enhance Cybersecurity in Industrial Sectors

Armis, a leader in cyber exposure management valued at $4.2 billion, has acquired Israeli startup Otorio for approximately $120 million. This strategic move aims to bolster Armis' operational technology (OT) and cyber-physical systems (CPS) security offerings, particularly in sectors like energy, utilities, and manufacturing. The acquisition aligns with Armis' preparations for an initial public offering (IPO) and follows its recent purchase of Silk Security for $150 million.