Armis Acquires Silk Security for $150 Million

Insight Partners Acquires Armis for $1.1 Billion

January 6, 2020

Cybersecurity

Insight Partners completed the acquisition of Armis, the Palo Alto–headquartered enterprise IoT security platform, at a $1.1 billion valuation with participation from CapitalG. Armis will continue to operate independently under its co-founders while leveraging Insight’s ScaleUp resources to accelerate product and go-to-market expansion.

Armis Acquires AI Cybersecurity Company CTCI

February 14, 2024

Cybersecurity

Armis has acquired CTCI (Cyber Threat Cognitive Intelligence), an AI-native company specializing in pre-attack threat hunting, in a private deal that closed in mid-February 2024. Armis will integrate CTCI's technology and employees into its Armis Centrix platform to create an early-warning, AI-driven threat intelligence capability for government and enterprise customers.

Armis Acquires OTORIO to Expand OT/CPS Security Capabilities

March 6, 2025

Cybersecurity

Armis has acquired OTORIO, an Israel-based provider of OT and cyber-physical systems security, and will integrate OTORIO’s Titan platform into Armis’ Centrix platform to add on‑premises and air‑gapped CPS capabilities. The deal expands Armis’ OT/CPS offering for heavy industry and critical infrastructure customers (energy, utilities, manufacturing) and is the company’s third acquisition in under 12 months as it scales toward an IPO.

Eli Lilly and Company Acquires Disarm Therapeutics

October 15, 2020

Biotechnology

Eli Lilly and Company agreed to acquire Cambridge-based Disarm Therapeutics for an upfront $135.0 million, with potential development, regulatory and commercial milestone payments of up to $1.225 billion. The acquisition adds Disarm's preclinical SARM1 inhibitor programs to Lilly's R&D efforts in pain and neurodegeneration to accelerate development of disease‑modifying therapies for axonal degeneration.

Fenix24 Acquires vArmour to Enhance Cyber Resiliency and Application Visibility

January 27, 2025

Software

Fenix24, a cyber disaster recovery firm, has acquired vArmour, an application relationship management software provider, to bolster its Argos99 battalion and improve infrastructure visibility and ransomware recovery capabilities. The deal also brings vArmour’s patents and customer relationships into Fenix24’s ecosystem, and former vArmour CEO Timothy Eades has joined Fenix24’s advisory board.

One Equity Partners Invests in Armis

November 29, 2021

Cybersecurity

One Equity Partners (OEP) has made a growth investment in Armis to accelerate the cybersecurity company's platform development, global go-to-market expansion, and to support future acquisitions. OEP will join Armis' board and help lead acquisition strategy while Armis continues to be operated by its co-founders from its headquarters in California.