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